GAME PLAN TODAY! All I ask is the you RETWEET and LIKE this post!
The Time Has Come. The $SPY has now dropped $45 from its $460 high in late July and it looks like we are finally near the bottom.
I think all traders will agree that a bounce is due and while some think $415 is the bottom and some think $410 is the bottom, I think everyone agrees we are right next to "A BOTTOM". If we take a look at the past chart history we can see how many reversals happen right around the $415 area!
While I nor anyone else can predict the exact low, I do think the bounce is coming and doing a multi day EXP CALLs should result in a nice profit!
The best case scenario would be a morning drop, lower shadow forms, and then an easy entry for a climb into the FEDs meeting next week!
$500 in Profits today! I waited all morning for this small crack!
Excited to kick of September tomorrow with a $5,000 target! Let start the Fall off right!
@Kenrodsan@KobeissiLetter Did you hear papa J talk today? He still has so much uncertainty in his delivery. .25 bp raise and still won’t say he’s done.
The hardest part of trading to me is dealing with it feeling boring. I get it right for a few weeks and then I’m like it can’t keep being this easy so I over analyze what I’m doing then fuck up. Sticking to the basics has always been my bread & butter.