Market making itself clear, so far today we saw a rejection of the 275 fib level 61.8%.
BUY PUTS AND LONG SPXU
Puts can be tough when trying to select an expiration.
SPXU, lower R/R but safer in case market swings up to $300 (next resistance).
Profit target- spy 200/220 next month or so
BUY PUTS AND LONG SPXU
Puts can be tough when trying to select an expiration.
SPXU, lower R/R but safer in case market swings up to $300 (next resistance).
Profit target- spy 200/220 next month or so
$275-278 = 50% retracement,
61.8% at $293