According to what I see. The market top is very near. I am not a bear, and I even have a large position of SPY in my portfolio.
When SPX near the 4250-4270 range. I would suggest myself to close all long positions and wait for what will happen next.
I don't recommend to short the market at that point because it might be very choppy and tricky for options traders who want to put this.
Reduce your exposure to the market.
Have fun and trade safe!
For self-education use only. Not financial advice.
When SPX near the 4250-4270 range. I would suggest myself to close all long positions and wait for what will happen next.
I don't recommend to short the market at that point because it might be very choppy and tricky for options traders who want to put this.
Reduce your exposure to the market.
Have fun and trade safe!
For self-education use only. Not financial advice.
