S&P 500 Index. Target of 4210/4220 area still in sight. Nothing to add so I refer you to last weeks update, everything remains in place. Must be noted though, that momentum does seems to be fading. More during the week. Closed all option positions in the last half hour when selling got heavy, probably just profit taking ahead of the weekend, but maybe not. An important target was reached on the Nasdaq which I will post soon. Profited on long Call, lost on long Put, profited on both short Calls and Puts.
Trade closed: target reached:
Target indicated in hammer and nail forced analysis has been reached )) Nasdaq or dollar tomorrow.