Guys, Remember I gave you guys a call back in March 23 so bullish about Spy and market? Here is what market will do next.. SELLL! YES I KNOW I KNOW. MARKET WILL SELL OFF SOON Time to go short.. Good luck.
How can you opine a bear SPY in Uncle Jerome's permabull market? Recall: he has a bottomless bank account to keep markets up and running.
I agree we are at interesting sell levels. However one day is too early to call. Need few days price action to confirm and then break battle zones. I've sold majority of my long positions today, now just monitoring how price unfolds.
We already had 120-60 points corrections. 2840 might be interesting. - Previous resistances - 50% of 2720, 2960 - 120 pts from high - Filled Gap Let’s see.
Great call earlier, you were right and I was wrong, well done! I agree with you this time, I scaled back into inverses today