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matteophone
Aug 17, 2023 8:02 PM

$SPY to Bounce off $425 Short

SPDR S&P 500 ETF TRUSTArca

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Hello All,

AMEX:SPY to bounce off $425.

Until then likely will complete some semblance of the H&S pattern formation (Consolidation and Bearishness trend then). Actually soon would be good time to enter very short term bullish verticals to take advantage of the whipsaws until $425 when markets very over extended.

Until $425 OTM Calendars as well as OTM puts at pivot highs on shorter time frames is a must.

Bearish.

Best,
matteophone



Comments
matteophone
Bullish
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