SPX Rocket Ride: 4th wave and 5 of 5

٢٤ أغسطس ٢٠٢١

It's Bullish. Seasonal correction then mad dash to ATH? Oversold > Overbought> Oversold > Overbought...

Not feeling real Bullish, just wary of Big Short here, might have much farther to run. Be careful, stay safe!

٢٥ أغسطس ٢٠٢١

ملاحظة

Yeah, 4500 ATH. Missed it. Selling calls on SPY up here.

٢٧ أغسطس ٢٠٢١

تم فتح الصفقة

That brief modest sell on Thursday 8/26 was not 4th wave, lol. That is coming. Get ready! Selling calls.

٢ سبتمبر ٢٠٢١

تم فتح الصفقة

Pullback imminent IMO

٢ سبتمبر ٢٠٢١

ملاحظة

Most ATH occur in September. Here we are... Fri PM may be the high water mark for near-term. Don't rush to short before the long holiday weekend IMO.

Bearishness likely to return after Labor Day, often plays out seasonally so.