SP500 has arrived to the very important support (Trendline + Kumo Cloud)
It is oversold on 4 Hrs timeframe and of course the lovely Turnaround Tuesday is very close, so I think people again will frontrun it and will buy already today. I recommend partial take profit on shorts, and put options and/or cover the bearish positions with 1720 June or 1750 May Short Puts (selling puts for premium). This is what I have done today.
My bias is still bearish, as I think mkts in general do not price risks properly. Let's say do not price any risks, not really sensitive to Ukraine or anything else. In a retest to 1840-1850 I will close these Short Puts, which means I will increase bearish position again, if the technical setup will be reasonable.
In line with this recommendation I do the same with my European shorts for now too. Please see the referring prev. trade ideas below.
It is oversold on 4 Hrs timeframe and of course the lovely Turnaround Tuesday is very close, so I think people again will frontrun it and will buy already today. I recommend partial take profit on shorts, and put options and/or cover the bearish positions with 1720 June or 1750 May Short Puts (selling puts for premium). This is what I have done today.
My bias is still bearish, as I think mkts in general do not price risks properly. Let's say do not price any risks, not really sensitive to Ukraine or anything else. In a retest to 1840-1850 I will close these Short Puts, which means I will increase bearish position again, if the technical setup will be reasonable.
In line with this recommendation I do the same with my European shorts for now too. Please see the referring prev. trade ideas below.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.