SPY Daily chart showing Head and Shoulders
5/11/23
Yesterday showed a high of $414.54 and the day below had a high of $412.09. Today the high is currently $412.09
I have added to my $412.50 Puts that expire tomorrow and now have 25 puts. This could retest the weeks low of $408.87.
Today I think it's possible for a close below $410 if it doesn't make a new high.
Lets watch and see.
Please lmmk your thoughts and suggestions.
Yesterday showed a high of $414.54 and the day below had a high of $412.09. Today the high is currently $412.09
I have added to my $412.50 Puts that expire tomorrow and now have 25 puts. This could retest the weeks low of $408.87.
Today I think it's possible for a close below $410 if it doesn't make a new high.
Lets watch and see.
Please lmmk your thoughts and suggestions.
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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.