SPY Resistance Rejection

2023년 8월 8일

Opening up Puts expiration 8/9 (tomorrow) with $445 price target. Spy had nice rejection of resistance today expecting it to continue its bearish run as it makes its way to its support into tomorrow.

This is a swing trade expiring tomorrow. Manage your risk!

2023년 8월 8일

노트

Cup and handle on sameday graph. Did not pick up the puts going to wait and see how this push plays out.

2023년 8월 9일

노트

Cup and handle stopped by resistance. Good pullback today confirms analysis.