My Trading Game Plan

September 15, 2022
Author: Peter Stolcers, Founder of OneOption

The market could go either way. These are the levels and the price action I want to see.

PRE-OPEN MARKET COMMENTS THURSDAY – The SPY is forming a wedge ($391-$425) and we are within striking distance of breaking below the bottom of it. Support at SPY $391 is critical. If we close convincingly below it (long red candle) we are likely to continue down to the low of the year in September.

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