KareemKhiami

Swinged puts on SPY AT 431.80, WHY? Because

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
The confirmation:
1-Third touch on trendline from ATH ( all time high )
2- Resistance on weekly chart
3- 200MA on daily chart
4- 50MA on weekly chart
5- 61.80% on Fib retracement
6- On the edge on Bollinger Bands
7- POC on VRVP
8- Overbought on RSI
MORE CONFIRMATION MORE HIGH PROBABILITY SETUP

kareem khiami
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