target 356 Short

SPDR S&P 500 ETF TRUSTArca

Description

⋅ Nov 27, 2020 3:08 PM

bearish butterfry. caveat emptor. good luck.

⋅ Nov 28, 2020 4:33 AM

very modest update for better accuracy. no change in expectation from this bearish butterfly.

Comments

Karam08

⋅ Nov 27, 2020 3:25 PM

Any expected date of when it'll bottom? I've been feeling end Nov /early Dec has a decent pull back coming

frodo75

⋅ Nov 28, 2020 4:27 AM

@Karam08, your guess is as good as mine.
likely, 1st week of Dec.

Avatar_Trading

⋅ Nov 28, 2020 5:05 AM

@frodo75, I think so too. Still expecting for large players to take profits to avoid future tax increases on capital gains

frodo75

⋅ Nov 28, 2020 5:14 AM

@Ramhusk, pl don't mind my saying this, there will be no tax increases. why raise taxes when fed can print the money for you. as much as you want!