Pinto Beans & Penny Stocks 2020

[ToBeContinuous]

$SPX should climb back up this week towards its 50 day MA of 1080 +/- a few.
A move like that should push the RSI into the 55-60 range.
Since May, its had a hard time breaking and/or sustaining the 55-60 range.

Put option go zone when those two coincide.

On the flip side, when the RSI has been in the 30-34 zone... even with weaker than anticipated GDP #'s.... it's run up nice.

30-34 RSI = call option go zone.


Made 30% on both sides last week.
Not too shabby.