Shared by
ricky_trades
took this trade as i saw spx was breaking out.
it wound up pulling back and retesting the 4320 area.
we wound up making a high of 4385.
the market for the past few days wound up selling off we were do for some type of consolidation and or reversal to the upside.
some are saying that this is the bottom.
we did move aggressively and bounce off key levels 4100ish area is a strong support.
i do see on the bigger time frames an H is forming.
Based on all the recent world events (inflation, war, and gas prices) next week will be interesting.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-25 10:29:22 | 25 FEB 22 4400 CALL | buy | $0.9500 | long |
| 2022-02-25 10:31:48 | 25 FEB 22 4400 CALL | sell | $1.050 | 0 |
Displaying SPY as a proxy symbol.
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