unstoppabulltrading

SPX 3800 SOONish?

Short
SP:SPX   S&P 500 Index
Some kind of macro tailwind might come and blow SPX up to the end of year however I see 3800 as a critical level/ orderblock that the index will gravitate towards. Spy long puts can be in play here, although premiums have now risen at an atrocious pace. If the downward move cools down along with put prems, a far dated lotto position sounds enticing.

PS- Not Financial advice. Do your own due diligence.
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