SHORT | SPY

SPY

Possible Scenario: SHORT
Evidence: Price Action, Bearish Catalysts, Inflation and FED new policy, Geo-Political conflicts between Russia-Ukraine, H&S pattern on Weekly chart.
TP1: 420$
TP2: 400$
*Instead of SPY PUT options, I prefer short positions in AAPL, MSFT the premiums are still cheap if you compare it with indices.
*This is my idea and could be wrong 100%

Kommentera:

Weekly candles are very reliable