S&P 500 IndexShort
My Game Plan
Updated
I'm currently holding puts on the market. If the market breaks above 2630, then I'll going to sell half of my puts. Then wait for the selling to occur and then start shorting.
We remain in the rising wedge, so bears still have a play. This Bull market has been persistent.
We remain in the rising wedge, so bears still have a play. This Bull market has been persistent.
Note
Forgot one other thing, my resistance level is right on MA50. While nothing is certain, it's a good possibility for some resistance.Note
Went to lunch and came back to find the market has busted through 2630 only to fall back below it. I'm still waiting and praying, lol.
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