SPY blah blah "it'll reset by the morning." Speculations are telling me no, we will just rally as hard as we dropped. "Data comes out though!" True but what really are the chances of it not being priced in yet, therefore I see a straight continued line to Mars till we hit its atmosphere. UPDATE: I will say, QQQ and SPY will likely be more reactive to any quick selloffs but the buyback should be immense and will continuously drive the day upCommunity discussions
SPY blah blah "it'll reset by the morning." Speculations are telling me no, we will just rally as hard as we dropped. "Data comes out though!" True but what really are the chances of it not being priced in yet, therefore I see a straight continued line to Mars till we hit its atmosphere. UPDATE: I will say, QQQ and SPY will likely be more reactive to any quick selloffs but the buyback should be immense and will continuously drive the day up
SPY I would like it to open flat so the premiums come down. These premiums are too risky for my account size.
SPY jensen hung giving us the girthiest green thing of all time apparently. see if this garbage holds
SPY there is the fib, 670 my imaginary calls which I bought in my head are currently $7 ITM. Wow how exciting 😂SPY I had a bad day. They always reverse me. And i had 300 emergency funds for trading. I couldn't handle it. Done the hail mary and put 100 after 100 to average down on calls until the 300 emergency funds were gone. Then baaaaam Bones escaped again, with 6.5% gain on account.
This is it though. No more emergency funds. Will have to wait 5 weeks to save some emergency funds.
There is no more powder left Bones, to dig you out of a hole. Trade carefully. This is all you have left for the next 5 weeks.
Unleash Livermore 2.6
SPY As others said, open price of 676 (20 day SMA) should be a good start tomorrow! Hopefully finishing the day 680 or more.
NFA
SPY things don't look too bad right now, let's see how this unfolds. If SPY opens around these prices, we'll be above the 50 Ema and we'll start curling up on the rsi, I might buy some calls, we'll see.
SPY 675 next stopSPY Can’t Stop - Red Hot Chili PeopersWe shall check bunny chart once more in the morning kings, enjoy your night