amoutofidea S
11 posts






$SPY If oil pulls back to 107-105 to make a higher low, then spy will push towards 662 or higher to make a lower high. That’s where I’ll add to my puts. If oil holds the bull flag and breaks out higher then spy should start breaking down from here. I’m well positioned in my May puts for either outcomes and chilling. Price can take different paths but will ultimately reach the destination I’m aiming for, 631 🎯. Holding above 672 is the only scenario where I see myself being wrong on the timing. It’ll mean another push towards 682 will come before going for new lows. Holding above 682 favours ATHs. This is clearly unlikely in my opinion and I’m not positioned for this, but I just want to share the invalidation levels too.







