SPY

1 янв. 2023 г.

Chop fest friday for the last trading day of the year. I have no idea what to expect for Tuesday. Personally, I am bearish but I dont think the market gives a shit what I think will happen, whatever happens happens its randomness at its finest. If we can hold above yesterdays high of 382.41, then I'll be looking for price to first hold above 383.20. If 383.20 holds then I expect I move to the upside 384, and maybe even 385 if we can get some volume. If price breaks below yesterdays low of 378.91 and holds then id be looking for 378.30, 377.50, and 377.75. Could potenially try and swing some puts between YH, YO, and YL but I would need to see sellers in control and confirmation of a trend before I feel confident.