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Thanks god it is pulling back, 5 more trading days to go tho gotta stay inside of the triangle for my plan
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Nice, I trade SMH. below 40 I will not feel so comfy here.
Looks like she wants lower, flaggish?
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
SPX 15m... gap not quite filled. 0.71 pts short .. atm.. curiously on the way up... we have I believe one that was almost filled, but not quite near Aug30. Sept 3rd of the retest of the lows missed filling it by about 0.44 points.
so far goes as expected. I'm neutral now ( don't know how far the pullback can go as 20 min to close).
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One thing I learned a long time ago was that the market likes rounded tops and spike bottoms. Doesn't always happen, but the majority of the time it does. Looks like another rounded top to me.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23