Too Late To Buy Protection? SPY ETF Market Direction Portfolio Trade Alert Mon Sep 20 2021

SPY ETF Market Direction Portfolio Trade Alert

With today’s sell-off the SPY ETF market direction trade from last Wednesday has now doubled in value for a quick 100% return. Meanwhile my inbox is filled with emails from investors wondering if it is too late to place a similar trade today now that the index has broken down to the 100 day moving average.

The answer is – it depends on your outlook. Here is a second Market Direction Trade using the SPY ETF which I setup midday along with an explanation of how the trade is structured to profit from any further sell-off as well as protect the capital being used.

The rest of this trade alert and ideas article is for FullyInformed Members.

SPY ETF Market Direction Portfolio Trade Alert Mon Sep 20 2021

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.

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