đYEET D.D. # ?: Easy Money on the Weekly Spread, SPY today, Flow Play
We're operating analyzing, diagnosing, and generally performing at a high level.
Hey! Iâm @yourboymilt, and welcome to the Daily Newsletter! I should probably let you know...This is not financial advice!Â
Pt 1: ABU Breaks down the market Pt. 2 SPY breakdown: Pt. 3: Flow Plays and Analysis,
Brought to you by: Your Boy Milt and His Sensei Abu OmegaTrigga
Free Game: Using the WWS (Wide Weekly Spread) Strategy for a Quick and Easy 60%
This is a strategy thatâs so simple that even the dumbest trader youâve ever met can do itâor like even a little baby. Hereâs how we called the weeklies today as levels for an oddly boring 60% The Twilight Zone âripâ.
đ”ïž Pt. 2: SPY Levels and Analysis
đSPY Net Flow: Weak Bullishness in this Price Action? Donât get comfy long
There was a divergence into the end of the day as calls outgained putsâbut personally, given the spreads in premium Iâve seen previously this does not look like the pump continues
đ”ïž SPY Levels
Upside: 516.62, 518.5, 520.78, 524.13
Downside: 515.85,, 515.32 512.75, 511.7, 511.15,510.45, 509.11, 508.56
đ”ïž SPY Charts of Note: Scalperâs and Structure
Scalperâs Chart Aka Full Levels: More Wide Space between the weeklies, so if they catch a move above and a retest be prepared for a rocket. If youâre short be patient until these levels, as theyâre strong enough to bring candles of pain in a swift barrage.
Structure:
The reclaim is all but a given-just one problem. Theyre likely to shoot a big backtest around the yellow level at the slope, so hold on to your butts!
