I made money today but not as much as I should have.
I underestimated that consolation move that the S&P was making for the last 4 days would be the impetus to take out the 50 sma.
Only after the break out did I get bullish for a buy signal.
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Had 425 call which i sold at loss and bought 415 puts which took a heavy hit
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Will it hold tho. That’s the question. And if it does will it have enough strength to break the 200