OK, so it may or may not be this week after the FOMC announcement. But this report gives you a couple of cycle projection targets and a couple of keys to watch to signal whether the trend will continue or reverse.
We’re still long our suggested SPY call trade that triggered last Monday. I have raised trailing stops on that to protect the profit.
I also am suggesting a put trade for later this week if certain conditions are met. This report spells out the conditions that would trigger that trade.
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