Unemployment numbers exceed expectations. Short SPX500 to Zer0
As mentioned in the title this morning, unemployment claims exceeded expectations 220k Claims vs 225K actual. This is bad news, but then we are in a bear market so this causes stocks to rally.
This should provide us an opportunity to load on PUTS as we range inside this triangle wave X.
Accumulate puts up to low 4000's with a aggressive stop above wave C point
Target 2200 mid term
Long term 1000
Cheers
This should provide us an opportunity to load on PUTS as we range inside this triangle wave X.
Accumulate puts up to low 4000's with a aggressive stop above wave C point
Target 2200 mid term
Long term 1000
Cheers