$SPY Start buying & leave cash for 2nd bottom/Bullish divergence
Both plays are in order, but a bullish play in the mid - long therm is feasible driven by a bullish divergence .
If it goes up.-
takes profit at the Target price
If it goes down.-
op 1- set a stop loss and buy again in the 2nd bottom.
op 2- buy and leave cash for a second buy in the 2nd bottom.
If it goes up.-
takes profit at the Target price
If it goes down.-
op 1- set a stop loss and buy again in the 2nd bottom.
op 2- buy and leave cash for a second buy in the 2nd bottom.