SPDR S&P 500 ETF TRUST
Long
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$SPY Possible simulation with COVID, Bottom at 495 then ATH 630

560
Lowest RSI since COVID , highest daily volume for years! but if copy the wave of COVID drop we can see some similarities. bottom by 2nd week April at 495 then consolidation at 530 then up and fighting zone between 550-560 then up and small top on June/July then All time high in Sep at 630. the idea, take long dated strangles options
Trade attivo
SPY unbelievable bounce
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SPY daily chart update after Friday close, still following the plan , maybe consolidation between 550-560 or slow down little bit between 530-545
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SPY Hint: watch RSI for daily close!
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SPY at 561 by 9th May
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SPY approaching strong resistance at 554
Trade chiuso: obiettivo raggiunto
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