wstchse

SPY/ SPX500 Long Idea

Long
wstchse Updated   
FX:SPX500   S&P 500 Index
All details on chart...Oh and don't ever let anyone tell you indicators are worthless. Remember, its not the tool that makes the man, but the man that makes the tool :} Happy Trading!
Trade closed: target reached:
taken profit on 2/3 of longs, holding now equal amount in puts, so sort of a straddle here. I will close all longs with a break of 2777, keeping it tight here. Tomorrow's rate decision should provide some nice volatility. We could see a real panic leg to start the correction if they do bring in a rate increase. Either way the strategy above allows me to play this even with zero risk....Enjoy!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.