$SPY #RisingWedge #BreakDOWN #ReTest #RecessionI highlighted the potential topping formation that could for especially if we see a rejection around 598-601 on XMas EVE via #XMasAlert.
This morning I am seeing signs of momentum wearing off PLUS what looks like a #BreakDOWN-ReTEST of a rising wedge look to the AMEX:SPY , check my TSLA to 420.69 Chart for conceptualization of this break out BELOW;
In my post 2 days ago () I mentioned Strikes TBD.
Well here are my favorites;
SPY 560P 3.21 (Bigger Risk Reward)
SPY 600P 3.21 (Essentially ATM Short w some Leverage)
-Prophecies
PS;
1) "I LOVE GOLD" - Fat BastarD
2) DONT OVER LOOK GOLD SAFETY HAVEN VIA CRYPTOCAP:BTC Headwinds?
3) And Don't Overlook NASDAQ:TSLA momentum... TO UPSIDE STILL (500Cs will be a play at somepoint this year #StayTuned)