📌 Trade Type: Bullish Rebound Play (Short-Term Swing)
🎯 Thesis:
SPY has experienced a sharp pullback, bouncing off key support near 572-576 with high volume. Indicators suggest oversold conditions, hinting at a short-term relief rally.
📊 Trade Plan
🟢 Long Entry (Buy Call Options or Shares)
Entry Zone: $575 - $578 (Wait for confirmation of support holding)
Stop Loss: $568 (Below strong support; exit if broken)
Take Profit Targets:
TP1: $590 (Short-term resistance)
TP2: $600-$603 (Major resistance & profit zone)
🔴 Bearish Alternative (Hedge or Short)
If SPY breaks below $568, enter PUT options or short with:
Target: $560-$556
Stop Loss: $575
🎯 Thesis:
SPY has experienced a sharp pullback, bouncing off key support near 572-576 with high volume. Indicators suggest oversold conditions, hinting at a short-term relief rally.
📊 Trade Plan
🟢 Long Entry (Buy Call Options or Shares)
Entry Zone: $575 - $578 (Wait for confirmation of support holding)
Stop Loss: $568 (Below strong support; exit if broken)
Take Profit Targets:
TP1: $590 (Short-term resistance)
TP2: $600-$603 (Major resistance & profit zone)
🔴 Bearish Alternative (Hedge or Short)
If SPY breaks below $568, enter PUT options or short with:
Target: $560-$556
Stop Loss: $575
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.
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.