$SPX - Trading Levels for March 13 2025

3月13日

Alright, y’all. We are dangling, unsupported underneath the 200DMA and that Bear Gap. I am trading cautiously today because inflation data days I tend to make a lot of mistakes.

35EMA - this level is a BEAST. We were unable to get above it yesterday. Trace it back 3 weeks and you’ll see it’s been there every time to push us back lower.

I will be looking to the outer spreads and even then I might push it out a little.

If and when I take a position I will update it here.

GL, y’all.

3月13日

交易進行

So I did just go in here with a 5525/5500 bull put spread on the day.
The premium I collected was 4.00
I have orders in at 8.75, 11.25, and 13.75 if we drop further. That is the play for the day 🙌🏼
I did choose the closer strikes rather than the further out due to how we opened.