GM everyone…
**AAPL got to love it key support 556-566-571 target within the next days or weeks 584-590
**ES and SPY trapped in a ping pong range I continue buying lows of the channel staying in the trend a ES/SPY DIRECTIONAL christmas gift with Jan CALLS would be a quick test of 1770-1775 support BUY rebound yesterday the squeeze was very powerful before they sold off.
** CL we should see at least a slight retracement at resistance 97.85-98.85 below re cross below 97.55
*** NOW SAFER continue using the zones to do safe credit spreads out of the money this is your best SAAAAFFFFEEE bet
with small directional plays. SPY is the options with thin bid/ask spread i would do. AAPL premiums start being too expensive. BE VERY CAREFUL WITH TODAY “S INITIAL CLAIMS AND TOMORROW UN EMPLOYMENT REPORT
SO i am mixing directional AAPL w AAPL credit spreads to lower cost basis and take advantage of time decay weekly and monthly.
