SPY sold off today and gave 2 opportunities at hitting the 60 cent price target.
The first one was the close of the 30 minute 8 am PST candle. The second was when price failed to close back in the OR and there was a doji on the 10:30 candle.
If you buy puts on SPY, you could have easily made 20% or more on each. :-)
FYI, the chart on the left shows my 2 Bollinger Band strategy. The faster BB is based on a 55 period Hull Moving Average with a 0.5 band. The longer term BB is based on a 55 period Wilder Moving Average with 1.7 and 2.0 bands.
The first one was the close of the 30 minute 8 am PST candle. The second was when price failed to close back in the OR and there was a doji on the 10:30 candle.
If you buy puts on SPY, you could have easily made 20% or more on each. :-)
FYI, the chart on the left shows my 2 Bollinger Band strategy. The faster BB is based on a 55 period Hull Moving Average with a 0.5 band. The longer term BB is based on a 55 period Wilder Moving Average with 1.7 and 2.0 bands.