Last Friday the S&P had to because because the 50 sma needed to be flatten out.
This time it doesn't because the 50 is already flattened out.
Also the market is holding Thursday's low.
another good sign.
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damn, i got faked out pretty hard by that sell signal friday afternoon. not sure what i did wrong there
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Grabbed ODTE $SPY $370 calls
.30 to .40
.52 to .75
Entry and exits based on the system along with Fibonacci levels
Done by 10:15 am est
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I don’t know what you are seeing lately, but there are no good signs… it wasn’t going to tank overnight, but SPY will not pass 370 for weeks maybe months - I have been saying it since Friday. If it ever passes 370 I will have hope.