SPY levels for Tuesday 10/18/22
Bulls were able to defend the 360 level and almost pushed it to 370 before losing steam. Will have to break 370 before I feel we are in a rally. Break back below 365 I feel we will see 360 again for another test. Will be interesting to see if the buyers step in again at that level. Until we break one of the zones we are in between now I will continue to short at 370 and go long at 360.
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MC Trading
Created By: | Mcarter05 |
Created: | Aug 20, 2022 |
Total Followers: | 5 |
Twitter: | @monty3005 |
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Option trading using Fibonacci levels and S/D zones.