IncomeSharks

$SPY - 30 minute candle strategy. First entry you start with your smallest position size on calls because green, second entry will be adding if it closes above the range. Closing/switching to puts on a rejection or close back into the range. Lower gap could fill today or tomorrow so have to be mindful of that.

In 10 minutes will post an update in the comments to see what the next move I'll take is.

Update: Nice 100% trade and will be done for the day with this one. There's a good chance for more upside but there is a lower gap that might hit today or tomorrow.

Update: Second photo added to show before and after.

$OIL - We haven't seen a breakdown like this since April and if that support breaks it will be the lowest we've seen since the 2020 Covid breakdown. Some like to argue that it's a leading indicator for predicting recessions but also the opposite can be true when it's super high and inflation is high that spending/the economy can suffer more.

We are seeing a lot of alternative options for oil even though oil will probably remain king for quite some time. I know nuclear energy and other options are growing especially with the demand that AI will require.

I wish I had a crystal ball right now but I know looking back there will be some pretty obvious hindsight plays as to why OIL is suddenly on a pretty rapid decline.