Today I went long 121 spy weekly calls that expire on Friday at $2.55 roughly S&P 1234. I noticed the bull shit head fake which is circled was false because 1) we had already bounced off the daily 50ma & in 1 hr rose 5 handles to my pivot of 1235 2) the RSI from the previous high was lower than that on the fake out, & 3) financials held up and stayed positive. Boom people... u see this type of action when your key signals go one way, time to act. The calls closed today at $3.33 with roughly a 23% profit. I will sell tomorrow based on the market's action (I'll explain tomorrow).
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