Monday, January 30, 2023, 1400ET
Market Bias for Issue #370
Our current Market Bias with Timer Digest is SHORT SPX since JAN 27 from 4070
Our previous Market Bias was FLAT SPX since JAN 24 from 4016
Here are the trade parameters for this week:
SPX Money Management STOP = 4100
SPX Current Price is = 4035
SPX Profit Target = 3945
||Friday FEB 17
||Friday Feb 17
|You need to execute both legs and hold it as a Put-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.