Hello Traders,
As you know, my posts remain in continuation. Let’s continue from my previous post. Here is the link for quick reference.
Posting the screenshot from that post for the free subscribers.
Below SPY 0.00%↑ chart was from Friday, 4/19 market close.
Here is the same SPY 0.00%↑ 2Hr chart, zoomed a bit for details, after Friday, 4/26 market close.
What do you see? SPY 0.00%↑ came to my reversal box, reversed from it then retested it to the penny and reversed again.
Based on just this information, readers had two opportunities within one week.
Have trust in my opinions, which have been proven correct, time and again.
Keep your doubts and observe price action. See if the level posted is getting tested and retested.
I like if you fall in category 2.
To give ideas to the newer traders, who are not able to observe price action or do analysis on their own, my SPY 0.00%↑ option play was posted in Substack Chat.
It was a safe and profitable trade. SPY 0.00%↑ 4/30 $500C option was valued at $8.40 on Friday, market close with time still left on it.
The purpose of this Substack is to document my analysis, my thought process on US stock market and my plays. It’s not an “alert” service. I don’t need sub money like others. A very small fee is in place because free is not considered valuable. To remove your doubts, one week free trial is available. I have done everything from my end to make my highly valuable market analysis, completely risk free.
If you are still reading my posts as a free subscriber, ask yourself - Why?
For new subscribers, I encourage you to follow the simple steps in my Money Matter$ page. This PDF document has 26 simple ways to save/make/hedge money. Download it from here. And, you can also get my paid posts as complimentary. Let me know if anyone else offers that kind of value.
In this post, I am going to include an invaluable bonus resource for free for the advanced level traders. If you aren’t an advanced level trader yet, take a step towards becoming one. This bonus resource will definitely help.
I deeply appreciate the support and time from each of you. Feel free to engage with me on social media platforms. My DMs are open on Substack, X, StockTwits, BlueSky and Threads for any question, you may have.
Let’s get into the details of $SPY $SPX #ES_F $VIX TSLA -2.70%↓ COIN 3.94%↑ & $BTCUSD
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