Here’s the plan today.
A new high/lower high needs to be made on
$SPY this week.
There is a bearish choch a 4HR FVG around $748-$754.
We dipped lower than $754, this is where the last higher low was made on this leg.
However we didn’t go below $733-$729, so the bearish choch isn’t confirmed yet until we make a low below this order block.
I think we move down not up this month.
Get puts around $748-$754. Use $755-$757 as resistance support.
Sell at $733.
If we don’t reach $748-$754 we’ll sweep below $733-$730 to go to $725-$718.
Get puts below $730 & use $733 as resistance support. Sell at $725.
Get calls at $725-$718, sell at $730-$733
Get calls at $697-$700 if we hit it this month.
$SPY $SPX $QQQ