Out of Bounds wrote:closed short 206.72
I couldn't help it.
Good
No harm in bears taking profits early, or partial profits
I’ll be stopped out at 35.72 SPXU
For now it will be just a SPY flag up to a descending moving average
But those little flag buggers have an x% chance of turning into a squeeze
WDIK
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Out of Bounds wrote:closed short 206.72
I couldn't help it.
Good
No harm in bears taking profits early, or partial profits
I’ll be stopped out at 35.72 SPXU
For now it will be just a SPY flag up to a descending moving average
But those little flag buggers have an x% chance of turning into a squeeze
WDIK
15 min SPX and daily SPX both show strong support in the 2060/2070 area. Important support, should this important support area break most likely market will go down to 2030 or 2000
Daily chart shows very strong support at SPX 2060/2070
vol surge, this time could mean pullback then we'll see.
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