Watch S&P 500 @ 1790 or 1795 for possible support & rebound, 1800 very important turning point, 1810 resistance
Look to buy @ supports if it stays above & go higher, sell @ resistance if it stays below & drops more, turning point will either become a strong support or resistance depending on market movement later
Results: 5 wins
S&P 500 rebounded @ 1795 & expired @ 1798.69 at 10am EST
1800 turned into resistance
It only reached 1799.24 & dropped to expire @ 1797.56 at 10:30am EST
It dropped again from 1799.32 & expired @ 1794.22 at 11:30am EST
Since it broke below 1795 then 1790, it would be safer to wait until it rebound & go higher before buying @ 1790
S&P 500 rebounded @ 1790 & expired @ 1793.09 at 3pm EST & 1795.15 at 4pm EST
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