As we continue to work this trade, I have others into January and February. So things are stacking up nicely. :)
Top gap got filled. Two more gaps below to fill (farthest gap down is $295).
Exits for Shorts/Puts-
1st - 30 - price will rebound upwards. Time exit before rebounds.
2nd - At gap fills ($295)
3rd - Price going to yellow support $300, or pink support next same as gap fill $295 level.
I will update chart when trend changes to .
SPX Chart from Today below (mostly similar - for reference)
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC , BTCUSD , VIXY .
Short SPY and AAPL .
You can believe the BS artists on the news, or believe lines and math.
The choice is yours.
To me words from news anchors or politicians are more fallible than lines on a chart.
I checked a few hourly, daily, and weekly charts. As a layman, I think the BUY interests will bring SPY up a little this week, then ends further down as you mentioned. I'm personally trying a bit short-term calls, too curious about the rest of this week, lol.
I have some upcoming ideas for Jan/Feb. Too early but list is ready :)
I appreciate all comments. Good luck out there!
I like analysis. Please feel free to analyze my work. Helps me be better or at least see things from your point of view. :)
Have a good Holiday.