SPDR S&P 500 ETF TRUST
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$SPY Cypher, watching 786 trigger ๐ŸŽฏ

SPY has a very clean cypher, I will play this with layered options to control risk. Watching 786 level/ trigger of this cypher and my final target will 886 of the bearish bat pattern highlighted๐ŸŽฏ

Calls on watch SPY 380's, 390's & 420's. Calls will be bought layered different strikes. I will post upon entry on price action confirmation @ trigger level= SPY$ 361-362.25$ level. Remember to always look left for demand/structure @

trigger level (786 Fib). Please see chart for details

Tp1 Stop is even (382)

Tp 2 (618)

Tp 3 (886 of larger Bat pattern)

Stop Below X

Please let me know your thought's on SPY

Thanks for looking & Happy New Year to all ๐ŸŽ†

Good luck ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ๐Ÿ’ธ
BatCypher

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