We're right on the cusp of breaking symmetry (technically 3 pts
over), although I think it's still too close to say definitively.
I'd like to sell a SPY call spread, but just not quite there
yet.
if a break of symmetry occurs best to wait for the bounce that
forms a lower high as a lower risk area vs chasing the immediate
down action after the symmetry break
We're right on the cusp
SPX 5 min with pivots
Posted by frtaylor on 1st of Sep 2016 at 10:55 am
We're right on the cusp of breaking symmetry (technically 3 pts over), although I think it's still too close to say definitively. I'd like to sell a SPY call spread, but just not quite there yet.
if a break of symmetry
Posted by matt on 1st of Sep 2016 at 10:57 am
if a break of symmetry occurs best to wait for the bounce that forms a lower high as a lower risk area vs chasing the immediate down action after the symmetry break
Absolutely! But what I am
Posted by frtaylor on 1st of Sep 2016 at 10:59 am
Absolutely! But what I am saying is it's a marginal break at this point. What's your take?