Its official, SPY has crossed the 55 daily EMA, and crossed a strong support trend line.
BlueWave gave a red dot sell signal on September 7 as a warning.
NOT FINANCIAL ADVICE
For people who don't know how to trade a bearish market, I would recommend setting on cash or just buy your favorite stocks slowly.
I and my team on the other hand will be focusing on swinging PUT options mainly on BANKS like
C and
BAC
BlueWave gave a red dot sell signal on September 7 as a warning.
NOT FINANCIAL ADVICE
For people who don't know how to trade a bearish market, I would recommend setting on cash or just buy your favorite stocks slowly.
I and my team on the other hand will be focusing on swinging PUT options mainly on BANKS like
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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.
Related publications
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.