NBA Drama Alert
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NBA Drama Alert
@NBADramaAlert
Bringing you the hottest NBA & sports news real or fake, you decide. Memes, reactions, and wild takes to keep the timeline entertained! 🏀🔥😂
Katılım Ekim 2024
218 Takip Edilen36 Takipçiler

For Anyone that's been waiting to go LONG. The opportunity is coming very soon for a 5-10x trade.
$SPX is close to testing a major previous ATH at 6150. The last time we saw SPX backtest like this was the 2022 Top at 4800 and SPX ran 2000+ points afterwards.
These 2 things need to line up in order for this trade to work.
1. Iran war major de-escalation.
2. SPX Back test at 6150.
If A positive catalyst comes out in the next 2-3 weeks that bottoms the market. You'll get an opportunity to go long on $SPX and grow a small account into a large one.
at 6150, I would buy $SPX or $SPY calls 4 weeks out. I would consider the 6250C or 625C in this range. You don't need to buy weekly options to be a profitable trader or grow an account. Just wait for the correct market context aligned with the key level.
Rinse and repeat.
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