Screenshot 2021-11-20 091622

The SPX was very flat this week, stayed in a pretty tight range, although it felt like every single bear move got bought right back up. ATR is trending way down. I personally love markets like this as my spreads just print money during these times. 4718.5 is still the current all-time high.

Screenshot 2021-11-20 091622

The RUT had a pretty bearish week and has officially slipped back into its old massive 8 month range. Looks like it might have been a false breakout. Should be interesting to see how next week plays out. If we hold below these trend lines then wow what a false break out that will have been! Back in a seemingly never-ending range for old RUT.

Spreads

Did 2 of my 15 Day Calendars on the SPX last week and got 10% on both of those. Currently, have on a 9 Day Iron Fly on the RUT and a 17 Day BWB on the SPX which I will carry into next week, they are both looking good and should hit profit target no problem.

Leave a Reply

Your email address will not be published. Required fields are marked *