Friday, January 13, 2023, 1330ET
Market Bias for Issue #369
Our current Market Bias with Timer Digest is LONG SPX since DEC 23rd from 3,844
Our previous Market Bias was SHORT SPX since NOV 8th from 3,828
Here are the trade parameters for this week:
SPX Profit Target = 4040
SPX Current Price is = 3977
SPX Money Management STOP = 3870
||Friday FEB 3
||Friday Feb 3
|You need to execute both legs and hold it as a Call-Spread.
When we change our Market Bias with Timer Digest, You need to go FLAT asap. With PMT Pro, that is before the Close that day and with the basic PMT, at the open of the next day. The following trading day, we will issue new SPX targets and a new SPY options trade, as long as our new market bias with Timer Digest is NOT flat.