“Livestream Tuesday Aug 25th 11:00am PST (2:00pm EST)”
SPY may experience a small pullback or range-bound movement; the speaker is not expecting a major decline but is positioning with cheap options to benefit from IV expansion if a sell-off occurs.
The gains have been incredible this year. Uh almost doubling the return of the S&P 500 which has been fantastic.
We're going to look at the S&P 500. The market is slightly green today at 18%. So, this is the S&P 500. You can see it's in the top portion of these these Bowlinger band ranges.
We've got a point of control uh fairly recently uh below the 6,900 level.