Very nice trade set up to get rich in a snap. ;)
Earnings report on 5/1: If positive, I can see it spiking up as it did in Feb after earnings report.
If negative, Stop loss at 13.40
I'm not a professional, this is for self educating purposes only. Feedback welcome!
"Be kind whenever possible. It is always possible." -DL
SPX and the other indices seem to be overextended and due for a correction before going higher in the near future followed by a big drop in the summer. I'm just a beginner in TA trying to keep track of my ideas by posting on here, trade at your own risk! Comments and suggestions of what you think would be much appreciated and helpful.