Pull back and Target

luckystar2006

SPY is currently trading at 217.28 level.  I strong believe that it's about to pull back.  The target is 216.22.

风行过

mojideheng

继续跌？

luckystar2006

Too bad that intraday bearish signals got stopped out as I thought SPY was heading to low target at 216.22.

Anyway, the high target that I calculated this morning is 217.86 where the highest level SPY reached so far is 217.65.  

wnd4

wreckbeach

luckystar2006 发表于 2016-11-15 02:19 PM
Too bad that intraday bearish signals got stopped out as I thought SPY was heading to low target at  ...

Do you still hold spy puts?

Or you have stopped out and turned to spy calls?

Thanks.

georgeyn

luckystar2006

wreckbeach 发表于 2016-11-15 02:23 PM
Do you still hold spy puts?

Or you have stopped out and turned to spy calls?

Sorry, I am not taking any trade since last Thursday.

Anyway, the highest level SPY reached at this moment is 217.85.  Very close to my estimate for high target.  

wreckbeach

luckystar2006 发表于 2016-11-15 02:41 PM
Sorry, I am not taking any trade since last Thursday.

Anyway, the highest level SPY reached at  ...

I thought you have bought SPY puts this morning.

luckystar2006

Put % Total is picking up fast since yesterday at ~25%.  Again, it only works when it reaches >50% to indicate short-term top.  Should market keep going up tomorrow, it will get get there and I probably will short market with confirmation from my intraday signals.  Let's see....

wreckbeach

luckystar2006 发表于 2016-11-15 03:31 PM
Put % Total is picking up fast since yesterday at ~25%.  Again, it only works when it reaches >50% t ...

Please let us know when you short. Thanks.

shibainu