**** SPY ELECTION 15 MIN CHART******
LOWER LIMIT SUB $208
Upper limit max $212
Solid Yellow line is the new resistance line.
Green solid line will act as new support.
Blue horizontal line is election day.
In election day or pre/post we are expecting swing both upside and down side. But heavy on short side 60% and 40% upside. Swings will take place on both side so a good option strategy will be a good one to capture both sides of the moves.
LOWER LIMIT SUB $208
Upper limit max $212
Solid Yellow line is the new resistance line.
Green solid line will act as new support.
Blue horizontal line is election day.
In election day or pre/post we are expecting swing both upside and down side. But heavy on short side 60% and 40% upside. Swings will take place on both side so a good option strategy will be a good one to capture both sides of the moves.
