Proactive Market Timing Archive

Thursday, June 27, 2024, 1230ET
Market Bias for Issue #384

Our current Market Bias with Timer Digest is LONG SPX since June 24 from 5,447
Our previous Market Bias was FLAT SPX since June 10 at 5,360

Here are the trade parameters for this week:

SPX Profit Target = 5,530
SPX Current Price is = 5,479
SPX Money Management STOP = 5,400

Action Asset Expiration Strike Option Last Mid-Point

BUY SPY Friday Aug 2 547 Calls 8.72 8.72

SELL SHORT SPY Friday Aug 2 553 Calls 5.46 5.46

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