.SPX: Once 6520 is Gone, then Retest the Previous Low

MasterWU
03-27 10:45

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

1

Bought CALLS at open, as the market would continue chopping between 6530 and 6620, until Friday, when "who is begging whom" for ceasefire negotiation is clear.

Either Blue Path or Red Path to new low after hitting 6616 one more time.

Not convinced either way, leaning BLUE. $S&P 500(.SPX)$

2

Out of 80% 0dtx SPY calls at double.

Keep 3/27 SPY 658 calls for a potential "peace talk" announcement after today's close--President Trump is scheduled to make an announcement after close, some speculated it may be a "war threat," but my suspect that would be THE LAST TACO.

3

If 6520 is gone, then retest of previous LOW is in progress.

OUT OF ALL CALLS--added small amount of 0DTX puts--in the current trading environment, you have to constantly adjust the stops of your positions, and never trust any indicator or system.

Most are broken.

4

Hope that you heeded my warning: "once 6520 is gone, then retest the previous low".

The Red Arrow points to a lower low near 6430.

Not sure whether SPX will get there in a flash move, or tmrw morning to gap-down and touch it.

If SPX gaps below it TMRW, WOW...


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Comments

  • psk
    03-27 11:01
    psk
    thanks for sharing
  • Kangaroo2021
    03-27 11:50
    Kangaroo2021
    Garbage
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