SPY: This week will be rough; Risk Management
Howdy Team!
So, Futures came to life right at closing today, very strange jump but we'll take it. I'm still in ALL my Spreads and I didn't rush to cut anything today. I did have to update my SPY TA for a bit as SPY GAPPED down over the weekend. Now my fear now is that we're going to cover the gap and then drop again in the descending triangle. Just be careful not to SWING Calls too far out and be careful with Weeklies!
So, Futures came to life right at closing today, very strange jump but we'll take it. I'm still in ALL my Spreads and I didn't rush to cut anything today. I did have to update my SPY TA for a bit as SPY GAPPED down over the weekend. Now my fear now is that we're going to cover the gap and then drop again in the descending triangle. Just be careful not to SWING Calls too far out and be careful with Weeklies!
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