Hey Traders!
For the last few weeks I have been tracking S&P 500 in a correction that sets up the next down wave down. The market has been rallying within the confines of the correction sending the level of hate mail, tweets, and YouTube comments into a technically overbought condition. This is a very rare occurrence, but when it does happen it suggests a reversal is imminent. It’s one of the strongest indicators I have and today following the Fed the reversal came.
In this video we show you that with the proper option strategies, you can be wrong in your analysis and still make money and we’re we’re likely headed next.
Todd Gordon
President/Founder
TradingAnalysis.com