Seams to be the pattern, at least for a while.
We chop through the day to pop massively EOD.
How do you trade it?
I shouldn't, as when I do I loose.
MACD, RSI, DIVERGENCE DONT MATTER ANYMORE !
Lines and signals are giving false marks.
SPY behaves like a penny stock. Its a mutant created by Feds and controlled by hedges
Today was my down day.
No confidence in overbought market makes me wait for the pullback.
I took TNA for overnight swing as Russel2000 made inverse H&S, I see small caps weaker and its clear sign that we are nearing to at least $400 on SPY.
Much deeper correction is needed, that we all know, is 410 level enough?
I think the higher we grind the bigger the splash is going to be, for that Im happy; go you scam to 410, heck, go to 420 in one shot; I'll be here waiting.
For newbies my best advise is to wait for pullback, re test of 400 and then go long
We chop through the day to pop massively EOD.
How do you trade it?
I shouldn't, as when I do I loose.
MACD, RSI, DIVERGENCE DONT MATTER ANYMORE !
Lines and signals are giving false marks.
SPY behaves like a penny stock. Its a mutant created by Feds and controlled by hedges
Today was my down day.
No confidence in overbought market makes me wait for the pullback.
I took TNA for overnight swing as Russel2000 made inverse H&S, I see small caps weaker and its clear sign that we are nearing to at least $400 on SPY.
Much deeper correction is needed, that we all know, is 410 level enough?
I think the higher we grind the bigger the splash is going to be, for that Im happy; go you scam to 410, heck, go to 420 in one shot; I'll be here waiting.
For newbies my best advise is to wait for pullback, re test of 400 and then go long
Commentaire:
MACD on 4H usually is good indication on SPY, often it takes 2-3 days before pullback happens, for that reason I think we'll shoot one more jerky leg and then crawl back