A Few Ways to Fly
SPX has been one of my favorite trading vehicles as of late, mostly through butterflies. There are hundreds of ways to configure these spreads, so let’s spend some time in tonight’s video newsletter discussing the nuances.
SPX has been one of my favorite trading vehicles as of late, mostly through butterflies. There are hundreds of ways to configure these spreads, so let’s spend some time in tonight’s video newsletter discussing the nuances.
As yields continue to drop, the bond market is in an uptrend, this is the mean reversion bond bulls have been waiting for.
Bonds, Euro, gold, crude oil, and the levels I am wanting to see trade before an entry is valid.
The symbol I get asked most about these days is 0DTE SPX options. In this update, I walk through using Hourly Price Movement Ranges to show how time, volatility, and market structure setup this popular symbol.
I am watching trends into the end of the year where strength gets stronger and weakness gets weaker. From AAPL to TSLA, Metals to Bonds, there is a lot to like in this market still.
Today the SPX rallied 1.5% and fortunately we were looking for this. There is, however, still some “And” & “But” still to go with this trade plan. I’ll explain in tonight’s market update.
Today’s market conditions signaled that the Santa Rally may have one more leg up. Check this video out to see how we walked away with a big winner.
The SPX formed an hourly bull flag, but stopped right at resistance. IF it does break up, it measures to around 3940.
Many NQ stocks are starting to turn the corner on the up side, like NOW, while some DJIA stocks like UNH are rolling over. I will look to short the DJIA stocks, and buy at support, the NQ stocks that have “turned”.