AI
Thursday, February 17, 2022 3:28:36 PM
SPX 15 min chart is at the neckline of a bigger H & S. Good place for me to take profits on puts and not bet on a break of the neckline in the last half hour. Who knows if it will, or won't, break this late in the day.
The day played out pretty much as expected, which does not happen all too often. SPY 1 min trend line established resistance, and velocity picked up later in the day. Target (neckline of 15 min) was reached and time to get back to cash and wait for tomorrow.
The day played out pretty much as expected, which does not happen all too often. SPY 1 min trend line established resistance, and velocity picked up later in the day. Target (neckline of 15 min) was reached and time to get back to cash and wait for tomorrow.
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