Long

SPX New High Bets

Took a bunch of bets over the last couple days on SPX making a new high. Time expiry for this is scattered but all bets are within three months.

This looks like an Elliot correction.

Basic bullish Elliot wave structure

And, as such, I'll buy the 76.

I think if there's a rally, we'll see 6,000.

Which is a zone I intend to become hyper bearish if we hit.

Note

Out of these at 5460 because of risk of butterfly.

Is this all just a range based butterfly?

We have signals services starting from only $10.
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters

Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

We have signals services starting from only $10.
Find them here: holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters

Find 15 free strategies here: holeyprofitnewsletter.substack.com/p/strategies-parent-thread

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.