Watch SPY to hold 444 and Buyers to return

SPDR S&P 500 ETF TRUST (AMEX:SPY)

Actualizado

AMEX:SPY SPDR S&P 500 ETF TRUST

Yesterday SPY found buyers on break of 444 and made a sharp move up. I am watching to see if same happens. If so NVDA and TSLA may see a nice push up too.

Comentarios:

SPY struggling to hold 444 but has not yet broken yesterday's low. I bought TSLA puts to go down to daily 20sma

Comentarios:

Clarification - The TSLA puts are in case SPY breaks 444, it may not and I will exit TSLA puts if I do not like price action.

Comentarios:

Oddly enough, buyers came in just a few minutes after I said SPY was struggling. So I quickly sold the TSLA puts for a loss and bought SPY calls that made a nice afternoon day trade.

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