SPDR S&P 500 (SPY): I am pretty new to the option world and...

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Hannakannapanna

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Hannakannapanna

Re: TechniTrend post# 327682

Sunday, 09/27/2020 1:18:58 PM

Sunday, September 27, 2020 1:18:58 PM

I am pretty new to the option world and certainly don’t hold a candle to any of you chartists ( pun intended ?? ) on this thread. That being said, could someone please explain TechniTrend’s last two posts. Was he-she trying to talk about not being greedy on the big day up on Friday? Again, I am really new to this and her last chart looked to me like the market had hit the upper bounds and pretty much cleaned things out and might be heading down soon. I am probably totally wrong on that assumption, but could someone out there please explain it to me? Thanks advance.

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