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Wednesday, July 13, 2022, 1530ET
Market Bias for Issue #363
Our current Market Bias with Timer Digest is LONG SPX since June 03 at 4108
Our previous Market Bias was FLAT SPX since May 27 at 4158
Here are the trade parameters for this week:
SPX Profit Target = 3950
SPX Current Price is = 3815
SPX Money Management STOP Price= 3675
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| Action |
Asset |
Expiration |
Strike |
Option |
Last |
Mid-Point |
| BUY |
SPY |
Friday Aug 5 |
382 |
Calls |
9.03 |
9.04 |
| SELL SHORT |
SPY |
Friday Aug 5 |
392 |
Calls |
4.11 |
4.33 |
| You need to execute both legs and hold it as a Put-Spread.
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Proactive Market Timing
