SPY Daily chart showing Head and Shoulders
5/11/23
Yesterday showed a high of $414.54 and the day below had a high of $412.09. Today the high is currently $412.09
I have added to my $412.50 Puts that expire tomorrow and now have 25 puts. This could retest the weeks low of $408.87.
Today I think it's possible for a close below $410 if it doesn't make a new high.
Lets watch and see.
Please lmmk your thoughts and suggestions.
Yesterday showed a high of $414.54 and the day below had a high of $412.09. Today the high is currently $412.09
I have added to my $412.50 Puts that expire tomorrow and now have 25 puts. This could retest the weeks low of $408.87.
Today I think it's possible for a close below $410 if it doesn't make a new high.
Lets watch and see.
Please lmmk your thoughts and suggestions.
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