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SubhashGander
Feb 12, 2022 4:58 PM

SPY Definitely in downtrend until ~400-420 Short

SPDR S&P 500 ETF TRUSTArca

Description

Most probable path. Expecting it to go to ~420 range before deciding upward or further downward movement.
It may even go to ~395 range too.

Definitely wont happen in straight line. Next FOMC meeting is around 26 March so Feb seems to be sideways and March seems RED.

So far my PUTS have been paying decently. Buying PUT on every GREEN days and dumping on RED.

Note : This is not investment/trading advise. Please do you own DD.
Comments
jobykthomas
Agreed, I see a nice drop this coming week after this weekly bearish engulfing
Leo-btm
great idea
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