SPY Resistance Rejection

8 thg 8, 2023

Opening up Puts expiration 8/9 (tomorrow) with $445 price target. Spy had nice rejection of resistance today expecting it to continue its bearish run as it makes its way to its support into tomorrow.

This is a swing trade expiring tomorrow. Manage your risk!

8 thg 8, 2023

Ghi chú

Cup and handle on sameday graph. Did not pick up the puts going to wait and see how this push plays out.

9 thg 8, 2023

Ghi chú

Cup and handle stopped by resistance. Good pullback today confirms analysis.