SPY levels

Here's SPY levels on the 1 day chart before FOMC minutes at 2pm today: 11/15 & 11/23 sure looks like a double top pattern

SMA20 Triangular Trend Channel
top = $419.35
R3 = $411.59
R2 = $403.82
R1 = $396.06
pivot = $388.29
S1 = $380.53
S2 = $372.76
S3 = $364.99
bottom = $357.23

SMA50 = $377.99
SMA100 = $390.54
SMA150 = $393.27
SMA200 = $405.01

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7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
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+5% portfolio trades, capital risk management
Beware of analyst's motives
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Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

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Trading log (pencil & graph paper)
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Comment:

SPY Theta play Sell weekly straddles idea until Wednesday 11/30 noon and then open it up before Powell speech at 1:30pm. Also, adding strike and/or expiry positions until then. I'm not expecting too much movement besides sidewaysish until Wednesday's catalyst event.
buy 403 call 12/2 expiry
sell 400 call 12/2 expiry
sell 400 put 12/2 expiry
buy 397 put 12/2 expiry

Comment:

You know IV is significantly up when calls and puts are +$% for the day leading up to Powell speech at 1:30pm today.

Comment:

SPY SMA200 on the 1 day chart is $404.03
Is this the top of a bear market rally or will SMA200 hold up?

Trade active:

SPY 12/09 put hedge

Comment:

SPY levels 1 hour chart

Comment:

risk management wrap position with SPY 12/12 expiry strangle hedge idea:
410 call
395 put
pro = up or down reward
con = theta decay risk

Comment:

SPY 12/8 expiry iron condor idea
buy 410 call
sell 405 call
sell 400 put
buy 395 put

Comment:

SPY 12/16 expiry iron condor idea
buy 415 call
sell 410 call
sell 400 put
buy 395 put