RSI weakness is quite notable . Friday volume raise and large red candle suggest more volatility into coming weeks . suggest wide swing +/- 300 points so SPX heading to 5700 or 6300 . My idea is to watch Monday close then enter the strangle options combo .
Trade active
-0.5% - possible back test 6029 then continue drop . here is zoom inNote
Note: lower volume , RSI slow down too . maybe waiting NVDA earning then move again Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.