Option Strategies: .SPX& QQQ

EliteOptionsTrader
07-20

Hello everyone! Today i want to share some trading ideas with you!

We just crossed into EXTREME GREED territory. By the time scared money is comfortable to buy, the short term top will be in.

$S&P 500(.SPX)$ has moved over 2000 points in the past 3.5 months. It's been a continuous uptrend will small pull backs along the way. In the SHORT TERM, if we see negative news that triggers $S&P 500(.SPX)$ to give up the previous ATH at 6147, this is the time to de-risk and wait for the bottom to form.

There will be many many more opportunities coming especially in the Fall and Winter. Exciting times ahead with $Robinhood(HOOD)$ $Palantir Technologies Inc.(PLTR)$ $Bitcoin(BTC.USD.HKCC)$ $Grayscale Ethereum Mini Trust ETF(ETH)$ eading the market. $S&P 500(.SPX)$ to 7000 and $Invesco QQQ(QQQ)$ still possible by the end of the year.

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