Get started
S&P 500 Index
Short

S&P 500 corrective wave (A) pullback, New Butterfly

A move back into 3900 would suggest the S&P is unfolding into a corrective wave (A) pullback. Moving away from the analysis that wave (5) still has room to go, we are looking to establish a Put Debit Butterfly 3930/3750/3735 expiring March 19th 2021 to capitalize on this short term pullback while remain long on our portfolio for longer term upside exposure.
wallstreetsharks
Also on:
Beyond Technical AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortWave Analysis
wallstreetsharks
Also on:

Disclaimer

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.