$SPY the head on shoulders on spy is invalid now that we broke above Friday’s high, even if price goes lower after it wouldn’t be a head and shoulders, to me at least.
If we close above the resistance then we should tag 688-690 before a meaningful move down.
I want to cut and add back higher but the $VIX staying green today is very suspicious and the volume today is very weak too.
PPI is also tomorrow and most likely it’ll be hot, there is no reason for it to come cool.
I don’t know my friends 🤔 If the vix closes red I can comfortably cut but if it doesn’t then it’s going to be tricky. I’m still thinking what’s the best way to manage this.
$SPY position update: added more on the high of the day. 4H bearish rsi divergence says we fade. Let’s see. $VIX is also green still so watch for that.
Whether I’m right or wrong, I’ll never bullhshit you, I take the trades I post, and I share my winners and losers.
@MichaelPBento@dipbuys_@dipbuys_ He sold his puts and now holds calls, so he’s talking like all nonsense. I’ve seen enough people like you. Why do you do this?
@dipbuys_ Ah yes because I totally started this war. Dude if you overleveraged yourself long stupidly believing that these talks were anything other than a short term delay then maybe trading isn’t for you.
$SPY this market is moving so rapidly. I have been trading options for seven years now. I feel like it’s time to take a break and stay away from the market. There’s too much manipulation happening every minute, and all the lies are everywhere. I can’t focus on my primary job.
$SPY I expect price to find some support around 645-644 before hitting my targets 640-635-631.
I think the targets will hit early next week.
I took some small profits and leaving the rest for the targets. Let’s see how fast we get there.
She fell from stairs and she had emergency knee surgery. She is fine for now, I wanna say thanks to all of you, but I’ll be off to take care of her for little while, take care and good luck trading.
Why are stocks and oils both rallying big today?
It’s simple—
Market believes the US will exit the war soon & Hormuz stays shut.
One of these 2 rallies will be short lived, and the other lasts for ten years .
+100 for guessing which one .
I know lots of people don’t like the way I trade but
My money, my way. Don’t like it then get the fuck out of my page or just simply block/mute me. Easy right?