$SPX Trading Bible

$SPX Trading Bible

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$SPX Trading Bible
$SPX Trading Bible
Week of June 23

Week of June 23

Where I would look to buy.

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Frank
Jun 22, 2025
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$SPX Trading Bible
$SPX Trading Bible
Week of June 23
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Recap of last week

We have been bearish and risk-off positioned the entire week.

The title of my post last week was “SPX at 6000 prices in very few risks”. That is turning out to be a good call.

We bought SPX put spreads for EOM on Monday afternoon, within 2 hours of the high of the entire week. We took profit on the Thursday night gap down. We also swung a partial position over the weekend and it looks like ES will open with a big gap down. That was the only trade we took last week. No losing trades.

The short side of this trade is close to being finished soon, and I am beginning to look for a point to get long again.

Next move for markets

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