Looks like the market needs to bounce up and fill some gaps before coming back down. not even going to lie to you .
I just looked at some charts and it shows we recovered from 2002 to 2008 and then crashed like hell.
Now its 2022 and then what do you expect is going to happen next? Obviously its a pattern . Even though this is the highest the SPY has ever been .
what you need to pay attention to is that the last time they dollar was this high it was June 2 2002. do you get what Im saying now?
Prepare for a ride up shortly . I have calls I knew to place puts at 385 and also to have calls at anything below 384. It was so obvious.
They priced in the rates last week. the rates don't really matter aswell they already know what they are going to do. its just us that haven't heard it from them yet.
Its CHESS not checkers
I just looked at some charts and it shows we recovered from 2002 to 2008 and then crashed like hell.
Now its 2022 and then what do you expect is going to happen next? Obviously its a pattern . Even though this is the highest the SPY has ever been .
what you need to pay attention to is that the last time they dollar was this high it was June 2 2002. do you get what Im saying now?
Prepare for a ride up shortly . I have calls I knew to place puts at 385 and also to have calls at anything below 384. It was so obvious.
They priced in the rates last week. the rates don't really matter aswell they already know what they are going to do. its just us that haven't heard it from them yet.
Its CHESS not checkers