Market Recap June 20th 2023

$SPY $ES

We are finally back after a long weekend! I was fortunate to scalp a few ETH plays over the weekend, which was fun, but I was ready to get back to finding cheap options at wholesale and leveraging minimal buying power for a decent sized return.

For me, the process remains the same. Today was an opportunity to exercise patience and to let the market to come to me, which I did. Unfortunately I did not get any follow thru, and my Trailing Stop (TS) got tagged. Thats okay. Base hits.

Big Green
Small Green
Small Red

In the market, all 3 should be considered as a win.

As always, growth is the goal. So let’s jump into the break down.