Options_Trading

No Hurry to get into positions

AMEX:SPY   SPDR S&P 500 ETF TRUST
So many of you know that I have started getting into my bearish position for the next bearish move on the market. And with today being FED day, many people are going to be getting into positions just before and just after FED announcement as many people will think the catalyst is over and the market starts to make a move. But just a reminder that next week, the U.S. will be having mid term elections so we might just keep going sideways or just be choppy until the second half of next week.

Expect choppy price action until the second half of week; might push higher later this week and into early next week.

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