DecWk2 - Market Update

It was a beautiful SPY movement last Friday and it ended with the SPY trending lower. It was a strong bearish movement, even though it had tested the Kumo (Cloud) for the second time. Usually if it tests for the third time, it is indicative of a breakthrough or if it fails again, then it will reach new bearish limits.

My trade expired worthless and I bagged a 5.94% ROI. It was one of the mor successful trades as I combined both the "easy-way-out" strategy and the ichimoku charts.

The charts shows the general bearish closing and my Call Spread of 146/147 was safe!

This is the last week DecWk3 before the markets ends for the new year. Should be exciting!