Just sharing my thoughts on SPX. Been rocking SPY however i trade both SPX and SPY.
We shifting towards wave 4. Thinking W4 finishes tomorrow because W2 wasn't longer and drawn out sideways vs short sweet directional. So thinking W4 is going to be short sweet and directional.
W5 should be finished by this 8/24-8/25 possible Friday.
Looking to day trade 4200 Calls premium flip tomorrow 8/23/22 :) Just my plan LUL
Good Luck Traders!!
We shifting towards wave 4. Thinking W4 finishes tomorrow because W2 wasn't longer and drawn out sideways vs short sweet directional. So thinking W4 is going to be short sweet and directional.
W5 should be finished by this 8/24-8/25 possible Friday.
Looking to day trade 4200 Calls premium flip tomorrow 8/23/22 :) Just my plan LUL
Good Luck Traders!!