MSFT Reversal is in the work. MACD starting to flip, MSFT respecting the lower wedge trend line. I'm thinking $420 calls and hold. But he bearish flag has me on hold. Sitting at a possibly bi-directional play. Wait for more confirmation, if it breaks below and retest the lower wedge trend line as resistance, its going down. Just research what the yearly percentage growth of the stock is, hedge with puts, put premiums are cheaper than call premiums in this case.
SPY I will not be engaging with SPY until we see a very clean trend but check out MSFT on the 4H, anyone who knows how to place a fib tell me what you see 😏 we are going to fly to $452. Thank me later my position is in.