Here are the SPY ETF Hedge Portfolio opening trade notes and intraday support and resistance levels for Fri Mar 24 2023 following a choppy day on Thursday but with a slightly positive close.
Remember I take profits as they appear, as markets are very volatile and profits can disappear quickly. I stay with option strikes that have plenty of volume. If taking a loss I keep them small.
Not all strategies are suitable for all investors. Trading the SPY ETF intraday can be difficult and end with losses. This type of trading is for very active investors who love intraday trading. Make sure to paper trade to learn the strategy and determine its suitability for use, before risking actual capital.
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