Daily Quiz SPY Chart 12th Oct 2023

1. Morning Hour - PreMarket Low Broken and Family of Green, Red, Inverse Red Hammer, Green Candle, and Red candle. Would you take CALLS/LONG or PUTS/SHORT?

2. After 2 points sell-off in 30 mins because of CPI negative data. Would you take CALLS/LONG or PUTS/SHORT?

3. After VWAP resistance and Inverse hammer on the stock, it will pulled slightly, and Dragonfly Doji will be below 50 MA.  It may form a pattern; would you predict it before you click the button? Would you take CALLS/LONG or PUTS/SHORT?

4. Higher Low Triple Bottom - Would you predict it to go like this? Would you take CALLS/LONG or PUTS/SHORT?

5. New York session high resistance or Double top resistance and Inverse Long Wig Hammer/Krishna. Would you take CALLS/LONG or PUTS/SHORT?

6. The second Higher high Failed, and a Triple bottom formed on the line. Will it go up, take the attempt to the second higher high, or break and go lower low?  You may predict a pattern when it goes up or lower, so be curious to find a pattern. Would you take CALLS/LONG or PUTS/SHORT?

7. Home Run - Two spiders caught a medium red hammer in between, or Two small spinning tops caught a red hammer, Red and Green Candles below 50 MA. This is tricky to identify after 3rd higher high take and stock not much down and holds strongly or weakly.  Would you take CALLS/LONG or PUTS/SHORT?

8. After more than 6 points sell-off, the stock holds W. Do you think it will release bounce to Bulls after huge volume, or Bears wants to take more down? Would you take CALLS/LONG or PUTS/SHORT?

9. Stock Ascending for an hour and trendline about to break. Do you think it will go up or down? Would you take CALLS/LONG or PUTS/SHORT?

10. The stock again supports an ascending line with inverse small hammer/Inverse Krishna and small hammer/DarkHorse. Would you take CALLS/LONG or PUTS/SHORT?