Happy to see some of my friends on here making money this morning. Glad we saw this coming! As we continue to work this trade, I have others into January and February. So things are stacking up nicely. :) Top gap got filled. Two more gaps below to fill (farthest gap down is $295).
Exits for Shorts/Puts- 1st - RSI 30 - price will rebound upwards. Time exit before RSI rebounds. 2nd - At gap fills ($295) 3rd - Price going to yellow support $300, or pink support next same as gap fill $295 level.
I will update chart when trend changes to bullish.
SPX Chart from Today below (mostly similar - for reference)
Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, VIXY. Short SPY and AAPL.