SPY 0DTE

8 ชั่วโมงที่ผ่านมา

After yesterday's bullish day, I'm going to sit back today and see what happens. SPY opened up at 573.16 today with a current ATR of 5.72. The upside can go to 578.88, and the downside is 567.44. Still, overall, really just basing here, but it feels like it's losing steam. Can we see 580? Yeah, it's high probability and much more likely. If this does run up to 578, I'll look to see if I can enter a short position with a target of 574 before we close today. If this falls down to 567 before the close, I'll take a look to see if I can catch a move to the upside to 572. Volatility is above 20 right now, so it is appropriate for me to take these types of quick trades if the set up is correct.

6 ชั่วโมงที่ผ่านมา

ความคิดเห็น

Broke out. Let's see if this climbs to 578. If this stays up and doesn't come back down, then we've broken out of the high base pattern and need to get more bullish.

6 ชั่วโมงที่ผ่านมา

ความคิดเห็น

ATR updated to 6.01. The range is now 579.17 to 567.15

5 ชั่วโมงที่ผ่านมา

ความคิดเห็น

Pulled back after the run-up to 577. Let's see if it makes one more push higher before FOMC minutes. If it keeps falling from here, I'm just going to sit back and not get into a trade. At this point, I want to see it hit 578 before considering shorting.

2 ชั่วโมงที่ผ่านมา

ความคิดเห็น

High base break out. Got to get more bullish. I'll sit on my hands until the CPI report tomorrow and see what kind of reaction we get. Not trades placed today. No money was lost. Tomorrow is another day.