We are approaching the optimal short/put entry on ES
This area is where the bottom fell out last year that led to that Oct 2022 low. IMO this is a great area to short/buy puts with ample time. Market has been running hot for some time. Could be due for a nice pullback. Credit Sussie calling for SPY to hit 470, which is another signal for me that as the boat shifts bullish, anticipate bearish move ahead.
This area is where the bottom fell out last year that led to that Oct 2022 low. IMO this is a great area to short/buy puts with ample time. Market has been running hot for some time. Could be due for a nice pullback. Credit Sussie calling for SPY to hit 470, which is another signal for me that as the boat shifts bullish, anticipate bearish move ahead.