Quote from vmaxer:
There is an imperfect dragon happening.
![]()
1080 to 1036 to 1066 (H=30).
66 to 41.5 to 1059 (17.5, 2.5 extra).
59-30=29
This agrees with the ~20pt triangle that broke down at 1050.
I didn't trade it because I was thinking 53ish gap fill was the high probability short. But I still have SPY 108 puts which I intend to close at 1030.
closed 108 SPY puts at 5.05 $$$
went long at 29.25
out half at 30.75
stop moved to 28 so no risk.
*target 1040 for now