Spy ends the day with Bullish Engulfing

Bullish engulfing daily candle with a nice close above the 20 ma, RSI is showing signs of bullish divergence. With FOMC more than 1 month away I think we'll recapture the 50ma and retest the trendline resistance in the next week or two.

تعليق:

Nice bullish continuation today. Bought a 02/11 460 put near close for a short term trade. Gap below + CPI numbers tomorrow which will have some downward pressure. Still bullish.