🗞The Tuesday YEET
Trade Reviews, SPY Analysis, Flow
🗞The Free Section: SPY 60% Trade Review, Market Tide
Today’s 60% trade on YEET Plus was about getting back to the simplest form of SPY we know—backtests and targets.
Either of the entries pointed out below were technically valid for SPY 0.00%↑ scalps—either the yellow one from earlier, or the orange one we took.
Why? The candle wicks on each were a nice backtest of the monthly level that passed with aplomb. Additionally, you get an easily defined stop at an hourly close beneath the monthly level it just passed.
🕵The SPY Section
Net Premium: Bearishness remained elevated through the end of the session, serving as a potential warning as we retest the highs
🧑🚀YEET Plus:
ES/ SPY Analysis
ES Levels of Importance
SPY Gap Levels Visualized and Listed
Signature Flow Trade w/ trigger