10/14/2020 Recap - members only

>The day: Red. But nothing major yet the media is covering it like it's a correction already.
- WE WERE READY! This morning I shared the S&P chart it was accurate to the penny.
- Use this example to understand how these morning charts can help you NOT be surprised. - My note said: "Red (ongoing) vs Green (the flip if happens)."
- Red indeed was ongoing and it traced my line to the penny...
check it out chart

>TRADING? I already noted the worry this week ( the bit about the "Trading platforms are changing margin standards."
So while everyone else is NOW looking below, we look up for any opportunity (if there is 1).
>looking at the SPX... I would buy this dip. Why? If we bounce and take out 3550 SPX, we could get a +300 pt rally (with a hiccup at 3580).

>Iron Condors doing great: (video). Table HERE: chart

Posted to Create Income with Options … on Oct 14, 2020 — 5:10 PM

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