SPY Model - Signals

<:squishrabbit:992418307464499270>

Your signals been spot on. Unfortunately, who thought this was gonna keep running with no pullback when you first signaled two weeks ago. Those are over 100% now. But I did enter yesterday for next week exp and so far at +80%. Tomorrow I may cash out and get the longer dated once.

1 Like

Still have those 486 on watchlist lol

1 Like

What are they trading for now?

Can definitely be accomplished. Just need to know how to calculate it.

$14.18 from 6.83

That strategy will result in missed opportunities but much larger gains. I may play some signals both ways to see which ends up better over the long term.

1 Like

The return group continues to be a 4,5 Uptrend. There is a 70% likelihood SPY goes to 511 by 3/11.

image

2 Likes

Spy has been impressive. Still holding my 492 but will sell before EOD +116% so far and get different strike calls longer dated

1 Like

<:pepedetective:899174786922606592>

Even with the downturn today, the return group is a 4,5 Uptrend so the signal is the same. I’m not trading it because I’m concerned this downturn will continue over the coming days and weeks.

image

The return group moved to a 5,5 Uptrend today which has no signals.

image

image

<@804151543136780289> so stay cash?

This model does not recommend any trades currently.

1 Like

The return group moved to a 5,4 Uptrend today. No signals here.

image

1 Like

Did NVDA earnings change anything on the signals?

I don’t see any bearish catalyst until March FOMC / CPI. We might pull back a little and continue the uptrend. Waiting confirmation from Brutus though to enter again. <:pepepray:930324508018106448> <:pepepray:930324508018106448> <:pepepray:930324508018106448>

1 Like

The return group moved to a 5,5 Uptrend. No signals with this return group unfortunately. Only a 65% likelihood SPY goes up 2% at some point in the next 30 days. There is a 58% likelihood we see a 2% decline at some point within the next 30 days so selling Puts is off the table. This return group has occurred 947 times throughout history and 554 instances saw a 2% or greater decline within the next 30 days.

image

We are still in a 5,5 Uptrend return group so no signal unfortunately.
image

Still the same return group