SPDR S&P 500 ETF TRUST
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Friday Sept 29th Trading Recap

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In this video, I covered what I traded and how I traded.
I took one trade on SPY etf 0 DTE expiration date $428 put strike at $0.39 and sold at $1.15 based on the technical analysis shown in this video..

In the futures session before NY open, I notice priced action was sold off from the 1.618 fib extension of the bearish ab-cd triangle.. there was also a bearish ab-cd triangle hidden inside a bull flag on spy.. I caught the rejection from the bear flag, that also rejected from the same level of the bearish cypher pattern. I'm looking for bearish continuation to continue, into a possible bullish ab-cd triangle pattern set up w/ a potential retrace back to the .50 or .618 fib level. Im in cash position, will let market dictate Monday and react accordingly.
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To be honest, I see one big bear flag continuing til it finds its invalidation. I'm not looking to jump out in front of that invalidation, but to react accordingly لقطة
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no bull til it clears 4310 لقطة
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preparing myself mentally (market will do what it wants) all in cash over the weekend.. لقطة
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i've also seen this set up turn into a bullish inverse head and shoulders, you have to train your eyes first لقطة
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did you see it? they can spike it over 310, and then dump it.. for me taking out Friday opening would be the convincing trade confirmation for me along w/ 435.. stay aware of all the trade exits/entries and set ups. and trade accordingly to what I see. Cheers
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Oct 1st, 2023 futures session video analysis

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