S&P 500 IndexLong
SPY -Inverse H&S formation Long from 2434- 2454, SPY Call option
SPY Made inverse H&S formation in hourly frame as we predicted earlier. Now if it can break above 2434 it can go as high as 2454. We would consider short term call in SPY to catch this gain .
* Trade Criteria *
Date First Found- July 10, 2017
Pattern/Why- Inverse H&S formation
Entry Target Criteria- Break of $2434, Short term Call option
Exit Target Criteria- $2454
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date First Found- July 10, 2017
Pattern/Why- Inverse H&S formation
Entry Target Criteria- Break of $2434, Short term Call option
Exit Target Criteria- $2454
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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