The_SPY_Who_Shagged_Me

The_SPY_Who_Shagged_Me Updated 

Today looks to be a fight to stay above $500 for $SPY. Starting to see some consolidation in these areas. If AMEX:SPY can avoid a pit fall for the rest of the day, Calls will be on the menu. Nice simple and quick play. RSI already at 30.

The_SPY_Who_Shagged_Me Updated 

AMEX:SPY nicely forming descending wedge. May be a nice entry today for puts due to crazy drops happening the last couple days. It could also breakout to the other side so doing small risk here.

The_SPY_Who_Shagged_Me Updated 

With the coming of the biggest eclipse that we will ever see, a lot of wild prophecies and other conspiracies are awaiting to be fulfilled. Im no Astrodomes but i know a bear flag when i see one. Hopefully a nice dump is the worst thing we will see when this eclipse happens. Small position a week out targeting $520 range on AMEX:SPY

The_SPY_Who_Shagged_Me Updated 

Found a repeating pattern starting to form. 2/21 bull flag to full form on 2/29 and bounced off the $504.50 support and continued to run for a couple weeks. A few key things to look out for to confirm a buy for me: - PA hits $519.50 and holds - Wait for squeeze meter bar to engage (Black plus sign) - Holds trend line Just a reminder, we are hitting ATH on ...

The_SPY_Who_Shagged_Me Updated 

Looking to get a lotto for tomorrow's FOMC. It looks like the PA is trying to get back into the trend channel. We are still near ATH and JPOW could launch this into Mars. As always like any other FOMC play VERY HIGH RISK!! Do not buy if you cannot afford the loss, which is what you should assume going into playing FOMC. Waiting to see if todays PA will have a pull...

The_SPY_Who_Shagged_Me Updated 

Nailed my last analysis on NASDAQ:TSLA hitting $170 or less and wanted to look for an entry for a CALL option to catch a dead cat bounce or better, THE REVERSAL back to $200. Either way, Quad-witching hour is tomorrow so we will definitely see crazy PA on everything. VERY RISKY play and should not put in what you cant afford to lose.

The_SPY_Who_Shagged_Me Updated 

Watch for tesla to test $170 support and buy some OTM short exp puts to scalp probably 2 weeks out. Will sell if it bounces off and buy calls for the reversal within this channel.

The_SPY_Who_Shagged_Me Updated 

Notice a signal for some calls on $SPY. When the 15ma (BLUE) crosses up the 60 MA (PURPLE) while momentum is above 2 usually indicates a run up. Ive played this multiple times with more success than fails. Will wait for an entry if PA comes near trend line. Looking a week out calls probably around $520s

The_SPY_Who_Shagged_Me Updated 

Repeating pattern when RSI on the 1H is under 30. Momentum did not hit 2 which provides some conviction that there may be some upside potential.

The_SPY_Who_Shagged_Me Updated 

History shows that any time that the 15 MA drops crosses under the 60 MA with the momentum under -2.0 that it will tank for the next few days. Saw a possible set up yesterday but saw the confirmation today. In on $480 P exp 2/27.