rexxorddg

$SPY Bullish dip buy trade idea

Panjang
rexxorddg Telah dikemas kini   
AMEX:SPY   SPDR S&P 500 ETF TRUST
$SPY is bouncing off support from may 2021, and has a nice wick touch with green volume on the daily/weekly. Not to mention that spy was bullish flagging as today ended on the hourly chart. The only time that one identical flag happened was on march 16th and a huge uptrend began.



Komen:
Targeting May 31st 420 call, currently at 9.46 at close at the time of this idea.
Dagangan aktif
Komen:
FOMC meeting is tomorrow, which could cause a dip into the market and then a strong rally afterwards, and could be the start of a new short-term uptrend.
Komen:
The option I was targeting went from $946 to $1600 just today. We shall see what it is at by expiration.

Idea Berkaitan

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.