Proactive Market Timing Archive

Tuesday, May 14, 2024, 1515ET
Market Bias for Issue #382

Our current Market Bias with Timer Digest is LONG SPX since May 9 from 5,214
Our previous Market Bias was SHORT SPX since April 30 from 5,035

Here are the trade parameters for this week:

SPX Profit Target = 5,290
SPX Current Price is = 5,244
SPX Money Management STOP = 5,150

Action Asset Expiration Strike Option Last Mid-Point

BUY SPY Friday June 21 523 Calls 9.59 9.58

SELL SHORT SPY Friday June 21 529 Calls 6.19 6.19

You need to execute both legs and hold it as a Call-Spread.

Note: When we change our Market Bias with Timer Digest, You need to take action 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.

Fari Hamzei