The Infamous SPX Double Top.
Updated
The Infamous Double Top.
I am shorting this due to the High Probability Nature of this pattern.
It is part of my trade plan to short Double Tops.
I am shorting this due to the High Probability Nature of this pattern.
It is part of my trade plan to short Double Tops.
Trade active
March and Feb Monthly Expiration: SPX Bear Call Credit Spreads: 3300/3305Note
It would actually be nice to see a higher high... somewhere in the 3350 to 3380. In that event, there will be a large Bearish Divergence signal. Love those! Either way this topping process should not last much longer before we have a nice pullback.Note
Closing out my SPX March Spreads. Awesome Trade!!!!! Thank you Wall Street. :)Trade closed: target reached
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