SPY bouce 403 CALL 3DTE, trade tracker

Might see 400 rejection, retest 396 if so

Short swing 1/2 days

MACD cross, 5D SMA crossing 21 EMA, price above 50D SMA

Confluence around 402/403 range

تعليق:

What I did wrong here was that I was supposed to be targeting a short put around the .618 area after confirmation on the lower Fibinnocci level pattern

تعليق:

Did not recognize as 400 level was hard resistence in a down trending chart, do not call bullish patterns in down trend