Short

Updated

Spy short 3-8% correction or New Bear Market

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ok everyone our levels for April 21st are

Bulls calls over 502.50
price target 504-505 max508 maybe unlikely wouldn't count to much on the upside targets

Bears short everything under 502
price targets 495-490-485 and as low as 480 this week

my scenario playing out this week is a range 488-500 max this is what I anticipate the week forecast stuck in a range before moving lower in MAY.

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be very careful cautious with calls I do think we are overdue for a bounce but I don't think we really see a dead cat bounce / relief rally till 480-485ish

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hope you guys are all making money!!!

(Live will be coming soon)

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if we break 499
496 is the next target

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so beautiful

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put holders overnight we don't want this price to have bounced like this 499-500 bulls are fighting to keep it up just have caution

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we want to close 499-498

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to possibly open up 496 tomorrow

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looks like we are doing a good job

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same levels apply for Tuesday's trading day, it is possible at some point to see 505 short term Tuesday-Wednesday

Bulls calls above 502 to 503-504-505 (508max which i see unlikely unless its squeezed up

Bears short anything under 502 -496-495-490 as low as 485

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I'm thinking if we don't get past 502 premarket this is coming down hard

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safe zone to load up on heavy puts

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Goodluck

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lets gooo
watch the bears come alive right here

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i suspect a big drop incoming

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bulls if you get above 509 and close bulls regain control of this market

bears hold tight see what happens in premarket if we stay under508ish this can come crashing down very fast this week

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im calling 502 in a few hours

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so far so good

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we broke the bullish daily trend
today is bearish

i will let you know once we break back into bearish long term trend
correction or bear market
only time will tell

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for us to take over long term trend we need to break 500

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this definitely has potential to reverse hard to downside

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games burning premium bulls/bears

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now its on its way to retests 404.50
this is aggravating

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burnt so much premium

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if we break 504.50 we will see 502ish today

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under vwap i suspect if does not get over vwap its downhill from here

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i told you we would see 502ish lol afterhours

wow I'm about to print these shorts lol

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definitely see no big bounce i figure we test 495 before 491

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if the bulls don't do anything here slow grind down today

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and we are bk in either
a 3-8 correction or bear market downtrend only time will tell if its a bear market

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how is everyone doing with there trading

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ohh boy breaking bullish

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above 500 bulls trying to take control

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calls above 500 if it closes 15mins

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i suspect it will run to 503

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short term put holders might want to exit 15mins or so and just reinter at higher price

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i would enter again accumulate 503ish

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good chance we see 503

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wait hold

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it might not goo

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10 mins ill give u a answer

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might be a false breakout

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i would release short term puts buy them bk at 503

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i think we get rejected hard at 503

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follow chart

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would load heavy at 503 puts

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loading up on puts

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so far so good!!
Rember take profits on puts if they are short expiring today or tomorrow expirations
already up 48% on mine expiring tomorrow selling them 501.40

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fyi price could go to 500 or lower just don't want to be greedy

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selling my short term puts for 60% lets gooooooo

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just created for you guys hope you all take advantage of it

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this is for the traders that want to learn how make this as a supplementary income to full time gig and achieve financial freedom
charts that i don't post on trading view only subscribers!!! Will be live trading as well on here 5 days a week

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if we don't break 504 I'm entering shorts again 3 days

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kick.com/JoeWtrades

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opportunities to get in shorts??? a week out

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chop day maybe grab puts before close for 2 weeks out goodluck

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i would be accumulating shorts here

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JoeWtrades

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JoeWtrades

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