Deepdiver, great job man.
One alternate possibility count is that a triangle might be forming. If so, it will give a great shorting opportunity around 2790-2830ish. Either way, the end result will not change as I agree with the lowest target in your graph. Once, this is below 2600, this will end up south of 2500 but we can talk about it when the time comes.
One alternate possibility count is that a triangle might be forming. If so, it will give a great shorting opportunity around 2790-2830ish. Either way, the end result will not change as I agree with the lowest target in your graph. Once, this is below 2600, this will end up south of 2500 but we can talk about it when the time comes.
Quote: (12-06-2018 02:28 PM)Deepdiver Wrote:
SPY PUTs up another 30% to 50% today:
SymbolLast Price $ Change $ Change %
SPYFeb 15 19 $220 Put1.330.3236.99%
SPYJan 18 19 $220 Put0.640.2150.00%
SPYFeb 15 19 $200 Put0.480.1335.14%
Targets:
https://www.tradingview.com/chart/ESZ201...g-C-waves/
NOTE: These discussions and any associated thread posts are not intended as investment advice in any way shape or form and is mentioned for informational purposes only now that we are entering a Major 40 Year S&P Supercycle Wave 3 to 4 Top Turning Reversal. Seek competent professional advice to determine your risk tolerance before trading Options or Futures contracts. Never invest more than you can afford to lose.