This market is putting me to sleep...
It is so flat!
I am looking for a short-term drop at least to support @228.09
This market is acting a little strange, but I am still looking for it to climb above even 229 in the next couple days.
Dumped the put and bought call around 1:30
Market still looks strong....
I bought a put @1:43 today.
I am holding overnight
Will be looking for a quick drop tomorrow
And then a bounce into a long position
Bought call @ 10:43
Sold @ 1:43
Looking for a similar opportunity tomorrow
Possibly 226.30 to 227.05
Support and resistance set on previous day's opening gaps
The bollinger bands are set @34/3
This is key in reading short term volatility gains in the SPY
The bollinger bands set at 34/3 are key for making short term gain short trading the SPY
15 minute chart pictured here
She is about to fall....
Rsi and cci both wanting to head down..