source avatarTraderJonesy

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THIS ONE IS FOR MY MOFOCKIN BULLS AND BEARS. 😂 For once, I think BOTH sides should be rooting for the exact same move on $SPY. UP. If you’re a bull, you want this old liquidity resistance to hold as support and $SPY to bounce back toward 770, fill those upper gaps and give you the move higher. If you’re a bear? You should want the exact same damn thing. Let $SPY bounce off support. Let it push back toward 770. Let it fill those upper gaps. Then you get the opportunity to grab shorts from a MUCH better price instead of chasing puts after the market already sold off. I see almost ZERO reason for either side to be begging for immediate downside here. For me, I’m currently 100% cash with what I trade $SPY with. My plan is simple: If we gap down into 757.67, or better yet around 755 and the 50 DMA, I’m looking for calls and a bounce. If we push back toward 770, I’m looking for November puts. 755-757.67 is where I want calls. 770 is where I want puts. Bull or bear, I don’t give a shit. Give me the better entry. For the first time in history, I am officially asking the bulls and bears of X to stop fighting and unite. We all want 770-775. 😂 Here is my tacos this evening with homemade guacamole. THANK YOU FOR YOUR ATTENTION TO THIS MATTER! — TJ $SPX $SPY #SP500 $ES_F $QQQ $NDX $CL_F #US10Y $TLT

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