Oct 2021: SI $135 – $140 Bull Call Spread
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We are on week 6 of 100% winning trades. A pullback is expected.
We are on week 6 of back to back winning trades and so far where we literally had 100% winners every week. But to expect this to continue in the future is unrealistic. Markets are finally slowing signs of exhaustion and I do expect a pullback which will be a buying opportunity.
THIS IS A DELAYED TRADE FOR EDUCATIONAL PURPOSES ONLY.
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Trade Rationale
Trade Selection Criteria
Overall market movement
Massive drop in the markets and we are nearing the end of a correction.
No Earnings or Significant News
This is a post earnings trade and earnings were announced before market open
Bollinger Bands outside Keltner Channels
Bollinger bands are clearly outside Keltner Channels
RSI Analysis
Trade was taken purely based on price/action
ADX Analysis
Trade was taken purely based on price/action
Trade Analysis
Trade Outcome
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Beginning Account Balance
Ending Account Balance