SPY Backtesting

940
The market has yet to show its hand on the daily and we continue to trade in a trading range. The Chiku (red line) had a firm rejection from a huge candle in early September. Now it appears we are are going to backtest the the Tenken and Kijun lines on the daily. Candles indicate a basing pattern appears to be developing. VIX remains low and DEC Iron Condors selling at a 10 delta would be viable taking in 60% of the credit received for a safe trade during this indecision. I would use the SPXPM for this play.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.