Shared by
ricky_trades
spx was on an uptrend but it was approaching a supply area in which in did break down from.
this was a quick scalp on a pullback to the trendline.
i saw some consolidation at the 4745 level and it pulled back slightly.
the trend overall was headed upwards.
not the best trade.
when SPX got to 4750 area it pulled back that was a better entry to catch a bigger move.
broke the trendline and went from 4750 to 4710.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-01-12 10:05:44 | 12 JAN 22 4715 PUT | buy | $4.900 | long |
| 2022-01-12 10:07:05 | 12 JAN 22 4715 PUT | sell | $5.100 | 0 |
Displaying SPY as a proxy symbol.
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