Based on the last 2 june drops, we should ideally bounce near $330 if the sell volume gets weaker tomorrow.
Bullish catalyst - round 2 of stim gets approved
However, if we don't bounce, we could have a march like drop and would probably be crashing thru the next two levels. $320 , then $300
What's the best play here?
Open a strangle options play. 1-3 month out, as we are likely to move violently in 1 direction or another in the next few days.
Bullish catalyst - round 2 of stim gets approved
However, if we don't bounce, we could have a march like drop and would probably be crashing thru the next two levels. $320 , then $300
What's the best play here?
Open a strangle options play. 1-3 month out, as we are likely to move violently in 1 direction or another in the next few days.
Note
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📈 Want deeper market insights?
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
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.