Hello All,
SPY to bounce off $425.
Until then likely will complete some semblance of the H&S pattern formation (Consolidation and Bearishness trend then). Actually soon would be good time to enter very short term bullish verticals to take advantage of the whipsaws until $425 when markets very over extended.
Until $425 OTM Calendars as well as OTM puts at pivot highs on shorter time frames is a must.
Bearish.
Best,
matteophone
SPY to bounce off $425. Until then likely will complete some semblance of the H&S pattern formation (Consolidation and Bearishness trend then). Actually soon would be good time to enter very short term bullish verticals to take advantage of the whipsaws until $425 when markets very over extended.
Until $425 OTM Calendars as well as OTM puts at pivot highs on shorter time frames is a must.
Bearish.
Best,
matteophone
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.
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.