TradingView
NinjaTradingServices
Feb 26, 2021 6:34 PM

SPY - STRONG MOVE HIGHER NEXT WEEK. Long

SPDR S&P 500 ETF TRUSTArca

Description

So we hit the 380 target and now we are bouncing, this should be a very strong move higher potentially breaking the 392 level by (wed, march 3rd).

I didn't take the long because option prices were so expensive.

There may be a short next (wed, thurs, fri) when option prices are cheaper and reward to risk increases.

Comment

Breaking higher as mentioned.
More