February 28, 2024 SPX, ES, SPY Trade Plan
Market Recap
Hello team and welcome to another daily SPX trade plan. Today’s recap will be quick. I had a short bias yesterday and entered in puts near the open to trade this idea…
If there is a failed breakout of 5080 target 5060
It was a slow moving day in the markets and we finally hit our target at around 1pm est where we found support at 5057 and rallied back up the rest of the day back towards 5080.
I took some profits at that target but kept and add puts after our call that price would trade from 5070 to 5080 to close the day. Let’s see if the gap down in futures hangs on and I am rewarded for it or GDP puts further damper into those plans…
Let’s jump into the trade plan…
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2/28 News Catalysts
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