spy short its time 3-8% correction

New thread

April
510-505

I would personally buy calls all the way down to 505
10 days out for a bounce 514
Taking profit 512-514

Then I would get bk into shorts all the way down 505 or lower as low as 495 this upcoming week

weekly range keeping us in a corrective phase no higher 516
as low as 495

WILL UPDATE SUNDAY NIGHT

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will not be accumulating calls, will only be looking to short anything under 516-517 pretty easy Goodluck all the way down 505

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if your in calls take profit

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bulls over 517.50 go long
bulls short anything under 517
goodluck

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1 put I'm in 505 expire 4/26 good one to accumulate

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congratulations for anybody who took my 505 short 55% profit so far in less than 1hr
goodluck

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my bounce level has changed big bounce at 505-507 to upside max 516 take profit past 511 to 514
this is the only time i will be in calls should play out 1-2days
accumulate calls 505-507 to this point

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if this doesn't crash to 500 this bounce will be pretty big min 513ish

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for those of you stuck in calls this is easy just hedge continue adding shorts 2weeks out while adding calls short term 5-10days out
goodluck make money

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everybody should hedge right here with shorts 2weeks out

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so whoever followed my lead on hedge this is what u will do !!! if we are up or down tomorrow market doesn't matter you will sell the ones you are up !!! lets say we open 499 take profit on puts fuel profit into calls that are down vice versa if we gap up tomorrow sell calls in profit to add to shorts
Goodluck

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If we open 503-500 I'm 80% All in with calls to min 510-514

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If you are like me right now we will most likely have our decision 7am pacific time so we can see trend for our hedged positions

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price action is not good right now

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might see a potential break upward 5-10mins

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finally the breakout jeez

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I'm closing all calls out 510
good luck
market is odd

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after today when target of 510 is hit I wont be swinging calls for a while only scalps will only be holding shorts
Goodluck

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fyi anybody stuck in calls like me have your stop loss set 502.25 drop calls for a loss and if you hedged with shorts let shorts run till 495is for profit

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I'm selling all calls 510 or close too good luck and will hammer more shorts as high as it goes
good luck

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well that was interesting

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well i think 510 by close or open tomorrow

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straight fake move down

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OK!!! WITH PRICE ACTION TODAY IM GOING TO SUGGEST YOU FOLLOW MY EASY TRADE SO YOU DONT GET CHOPPED UP!!! BUY 580 PUTS 2/3MONTHS OUT ,YOULL THANK ME LATER!!!! FYI I JUST WANT TO LET YOU KNOW MY THESIS MAYBE CHANINGING I'M NOT TO SURE OF THE 3-8% CORRECTION ANYMORE I THINK ITS FAIR FOR YOU GUYS TO KNOW THE NEW SCENARIOS!!!!

SCENARIO (1) 3-8% CORRECTION AS LOW AS 570 THEN CONTIUNE BULL RUN INTO END OF YEAR SPY 600 ECT

SCENARIO (2) THE TOP WAS MADE WE ENTER A 12-36MONTH BEAR MARKET

SCENARIO (3) WE RANGE 490-525 NEXT 6 MONTHS

WITH THAT BEING SAID AT LEAST WE KNOW IM 80% SURE WE SEE 490
DEPENDING HOW FAST WILL HELP DETERMINE MORE OUTCOMES!!!
HERE"S A BREAKDOWN OF SCENARIO'S PLAYING OUT

SCENARIO 1 50%
SCENARIO 2 30%
SCENARIO 3 20%
GOODLUCK SAFE TRADES

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I DONT WANT TO SCARE ANY OF YOU OR YOUR FAMILIES BUT ITS NOT GOOD THAT IM 30% BELIEVING WE HAVE ENTERED A BEAR MARKET

I HOPE THAT IT DOESNT PLAY OUT BUT IT WILL BE EASY/NOT TOO EASY BUT U GET THE DRIFT TO FIGURE IT OUT ONCE THIS PLAY OCCURS/ IF OCCURS I WILL GIVE UPDATES IMMEDIATELY UPON REQUEST IF ANY OF YOU HAVE LONG TERM STOCKS ECT IF U SHOULD SELL OR HOLD

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BEARS ADD MORE SHORTS UNDER 502.50
BULLS CALLS OVER 506.50
DAILY TARGET 510 THEN SELL OFF

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GOODLUCK

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I WOULD DROP 510 CALLS
IM MOVING SCENARIO (2) 38% WE ARE ENTERING A BEAR MARKET

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DONT BUY DIPS

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498 INCOMMING

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IF SCENARIO 2 PLAYS OUT WAY UNDER 450
IF THIS IS JUST A CORRECTION 480
BUT ITS NOT LOOKING GOOD

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@gravonj,
GRAVY MY MAN LET ME GIVE YOU SOME ADVICE ROCKSTAR BE A LITTLE MORE ATTENTIVE WITH YOUR COMMENTS AND NOT HALF BAKED TRY READING THE FULL THREAD IF YOU CAN , I GET IT IF YOU CANT THEN MAYBE YOU WILL UNDERSTAND IM VERY CONSITANT WITH MY LEADS THEY RARELY CHANGE!!! HOPE YOU TAKE MY ADVICE BECAUSE IT WILL HELP YOU ,,PAY ATTENTION MORE IN LIFE AND MAKE BETTER ASSUMPTIONS IN LIFE WHICH LEAD TO BETTER OUTCOMES!! NOW GRAY YOU HAVE A WONDERFULL DAY

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BULLS NEED A 503.50 CLOSE FOR A REVERSAL

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BEAR FLAG 499-498 TARGET CLOSE

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bulls above 503.50ish semi bullish take profit 505ish

bears short anything under 503 to 598-595

i expect 495ish Friday

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alright everybody follow the chart lets see what premarket brings but no real buying power as I suspected!!!

If we are entering a bear market ill be here to get us through!!!

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drop chop is real lol

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bulls above 503.50ish semi bullish take profit 505ish

bears short anything under 503 to 498-495

i expect 495ish Friday

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be careful here if your a bull feels like a trap
hasn't broke pivot point its right above 503.50ish just be careful with calls

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wow told ya

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if we don't break 504 in about 15-20mins its a short for me
goodluck

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5$ drop flush maybe coming shortly
495ish

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hope u guys are all crushing and making money

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bulls 503.30- becomes bullish to 505-506
bears same thing short anything under 503 until 490

fyi 42% scenario (2)

be careful of a squeeze today to the upside 508
cautious

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hope you are all following my lead

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hope majority followed my lead I'm not in any calls not looking for no bounce to risky