Market had a choppy day today. As I expected from last Friday and today's morning, market remained a bearish looking towards closing bell. Low entry price on SRS helped me feel comfortable to sit tight by holding short positions.
Two trades today listed below, which I made all of them public and real time.
SRS: $19.75(avg) -- $21.015 (avg) +6.4% gain
SPY Put: $6.4 -- $6.7 +4.68% gain
It is not a bad start of this week. Sweet!
As for tomorrow, the Pivot Trend System clearly gave a BUY signal at today's close. After reviewing several charts and internal market strength, I personally feel pretty comfortable to load long positions from here (SPX 909). So as you saw, I bought URE and SPY Call options, a little heavy positions on the long side.
As always, Good Luck to your trading, as well as to my trading.
ps. the other half of URE were loaded AH at $3.85, avg cost at $3.84.
Posts
Morning Post 03/03/2025 SPX
3 hours ago
you are doing great!
ReplyDeleteThanks, anonymous -;)
ReplyDeleteThank you for the updates!
ReplyDeleteVince