The Infamous Double Top. I am shorting this due to the High Probability Nature of this pattern. It is part of my trade plan to short Double Tops.
Trade aktif
March and Feb Monthly Expiration: SPX Bear Call Credit Spreads: 3300/3305
Catatan
It would actually be nice to see a higher high... somewhere in the 3350 to 3380. In that event, there will be a large Bearish Divergence signal. Love those! Either way this topping process should not last much longer before we have a nice pullback.
Catatan
Closing out my SPX March Spreads. Awesome Trade!!!!! Thank you Wall Street. :)
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