Hunting forr confirmation of the $SPY reversal

This play on $SPY is an option swing off bottom into a v-shape or cup and handle long but as the Ninja scalper alerted we are getting in early of the trade.

Playing early is risky and this is hedged by using profit from the short position with put options.
Implied volatility will get crushed so the hope is the move outpaces the crush and as it is Friday this will occur quickly.
Trade is smaller hold is longer

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