Market making itself clear, so far today we saw a rejection of the 275 fib level 61.8%.
BUY PUTS AND LONG SPXU
Puts can be tough when trying to select an expiration.
SPXU, lower R/R but safer in case market swings up to $300 (next resistance).
Profit target- spy 200/220 next month or so
BUY PUTS AND LONG SPXU
Puts can be tough when trying to select an expiration.
SPXU, lower R/R but safer in case market swings up to $300 (next resistance).
Profit target- spy 200/220 next month or so
Note
Edit:$275-278 = 50% retracement,
61.8% at $293
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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.