AMEX:SPY   SPDR S&P 500 ETF TRUST
New Thesis Charted for March 19

  • 1 day chart tracks overall thesis
  • 30s chart to day-trade
  • 4hr chart for context to both overall thesis and day-trading.

Thesis: there is no reason for us to not hit the 441 to 447 by March 11th as daily support holds higher each day.

Support for 03/03 sitting at $435.

Retrospect on March thesis: following the thesis returns 800% to 3200% depending on risk appetite. $470->$411->$441

While day-trading is enjoyable and nets daily yields, there is no reason to not hold the thesis, if investors can stomach the down days.

Coming days: breaking $442 by March 9th expiry to $447 by March 11-16.

Anticipating one more hard drop to follow the trend-lines ($435-$438) prior to March 9th.
Penafian

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