XLE - Quick Short. Bear Call Spread
Long Term Trend Downwards.
Increase in Volume.
RSI >85
PA recent Short term push but looking for Revert to Mean Lower.
Taking 57/58 Call Credit Spread
Also 56 Put for Directional Bias Lower.
Sept 20th Exp
Good Luck - Watch your $$$ RISK
Increase in Volume.
RSI >85
PA recent Short term push but looking for Revert to Mean Lower.
Taking 57/58 Call Credit Spread
Also 56 Put for Directional Bias Lower.
Sept 20th Exp
Good Luck - Watch your $$$ RISK