TA on SPY but I also like playing SPX.
Was seeing this as either a rising wedge, and if play (with FOMC etc.) can touch and retest
551.41 then back move back up to test 562.81 and to out at 567.85 IF market reacts well to FOMC, maybe ATH?
If not, we actually fulfill that rising wedge to 543.54 with a small gap to touch/retest at 534.54
I may sit sidelines until FOMC to catch the move and waves. Always wait for the set up to come to you! One of the rules I try to keep following but I break.
Let me know what you think. Will continue to update as it the week progresses.
Again, do your own DD. Not financial advice.
Was seeing this as either a rising wedge, and if play (with FOMC etc.) can touch and retest
551.41 then back move back up to test 562.81 and to out at 567.85 IF market reacts well to FOMC, maybe ATH?
If not, we actually fulfill that rising wedge to 543.54 with a small gap to touch/retest at 534.54
I may sit sidelines until FOMC to catch the move and waves. Always wait for the set up to come to you! One of the rules I try to keep following but I break.
Let me know what you think. Will continue to update as it the week progresses.
Again, do your own DD. Not financial advice.
トレード終了: 利益確定目標に到達
BANGGG. This moved well! Closed out and sold calls at open today.I’m sure everyone was expecting some move with China tariff anticipation.
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