This Rising wedge is something I've been monitoring on Vix for a few weels now and usually when these break they will retest and if they don't break through you already know what to do :)
I'm expecting us to fall tmmrw due to Powell at 9am to 518-520 area on spy I expect us to retest the trend line I have drawn in the Tan color and then reject and will give the grren light on calls for 2-3 days I will personally be grabbing Amd $177.5 calls and Spy 520-521 calls both with next Friday exp.
Congratulations and well done for sharing your first idea with the community. Hope you will be having great experience. Thanks for your contribution. From mod @Bravetotrade
DarioRuff
⋅
Vix came and retest the Tan line this morning and fell through support once again this is a great sign for Calls for today & Tomorrow be very careful after that though still holding my QQQ & DDOG calls currently down 150$ combined but looking for a good close today.
DarioRuff
⋅
Ended up grabbing QQQ $449 Calls for April 1st and DDOG $123 calls for April 5th
DarioRuff
⋅
Sold my Spy puts for 48% Profit looking for calls whenever we stop dipping soon
DarioRuff
⋅
If we do somehow end above the trend line again which I would say is a 10-15% chance of happening and spy will be around 516 area then Monday could be a bloodbath but this is higly unlikely :) trade smart friends and always cut your losses short.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade