SPY confirms the 100 Daily MA as resistance yet again...look out
Chart is self explanatory. Haven't moved circles from previous charts, those are estimations of when I think we will get there based on trendlines intersecting.
I really think next week is going to be full of red. Spy will decline 3-5% next week.
Position: 265 / 250 put spread @ .70 per contract.
I really think next week is going to be full of red. Spy will decline 3-5% next week.
Position: 265 / 250 put spread @ .70 per contract.