$SPY $SPX $ES1! Analysis, Key levels, and Targets
SPY 
SPX ES1! Analysis, Key levels, and Targets I honestly love TA so much. It’s so fascinating to me. Those who trade without TA, like say, just using the option chain, are really missing out on a cool thing….
Not a huge change since yesterdays update, but we did get into the gap but failed to fill it and were rejected at the Daily 200MA…
Tomorrow we have some Bank earnings (JPM, BAC) in premarket (8:30) and so will start the earnings season - and I’m super excited about it all…
I just want to add that I do love being bullish, but today I was driving around and really started to notice the amount of commercial real estate vacant with for lease signs… and I remember 07 and how that was the first signal that something was wrong….
I want to be bullish - but I just am not yet… but there are so so many amazing opportunities in a bear market… and if done right - this is where the generational wealth comes from….
I did add to my 410 put position in April… I’m now 8 deep with an average of 22.31 - I absolutely had to with VIX so low today - and I covered my short 379 puts expiring tomorrow for 97%, looking to sell for next week tomorrow….
And thanks so much for the super awesome support about the video… I will definitely be doing more of that soon!! Hopefully I’ll lean into doing mostly video… I know it’s a pain to read my long rambles sometimes… LOL… so it will be easier on all of us…
Have a fun day trading tomorrow, y’all… 💃🏻
P.S. Yes stupid willy looks like it might cross up… but I’m reading the weakness before it, all of the chop during the holidays as just that, holiday chop…. I don’t see much strength in that cross up and RSI and MacD aren’t supporting a cross up yet…. So lets see how these first earnings go…
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I am not your financial advisor.
I am not your financial advisor.
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