Normalization 370
I've been looking at the Weekly and Monthly Chart for reference and it seems that the normal growth of the SPY should be around 370 by this time.
So I would expect it to oscillate around those prices before we see an actual move up that is significant.
I'm strictly an Options Trader so I'm waiting it out until 370 is reached and then Sell Credit Spreads. Also waiting for VIX to hit around 35-40 so that Volatility is better.
Godspeed Traders!
So I would expect it to oscillate around those prices before we see an actual move up that is significant.
I'm strictly an Options Trader so I'm waiting it out until 370 is reached and then Sell Credit Spreads. Also waiting for VIX to hit around 35-40 so that Volatility is better.
Godspeed Traders!
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