Hey guys. Technical analysis is defined as “forecasting the direction of prices through the study of past market data”. As you can see here SPX has repeated historic price action near perfectly. Although I am still not expecting a total turnover in the market just yet, I do expect price to continue down and break the most recent lows before we see any more bullish price action. Let me know what you think in the comments below!
Trade chiuso: stop raggiunto:
SPY 289 Puts 5/13 Exp PRINTED today. Hope you all found this idea useful!
Trade chiuso: obiettivo raggiunto:
I meant to update the idea as target reached lol 😂