Up trend is not broken. In order to break up trend, Monday SPX needs to break 4100. I will stop posting my entries and exits.
I am living on trading. I don't need to find a job. I have a funded account for long time, not trading for a funded account for long time.
The reality is most TA, in isolation, is useless. And that's why you get people claiming that TA is garbage. I view TA as just a set of tools. The right tools, at the right time, in the right combinations, may give someone an edge on how to "read the tape" but very few people get to a level where they can apply it in a meaningful way.
99.4% of people fail in trading because they solely rely on some relatively bogus tool indicator method they learned from some book or course salesman. To put it directly, they've been conned. The very best traders have this intuitive touch....all in the learning process and observation process and execution process. While all the zombie sheep traders out there needs someone to hold their hand, and print money for them.
I'm saying trading is much more complicated and dynamic than what many so-called teachers are letting on just to quickly sell material to enrich themselves in the short term at the expense of quality and success in the longer term.
So I THINK what you are saying is you kinda' agree with me. True teaching can only happen when the teacher imparts a bit of TA, with a larger bit of intuitive movement based on FA, and experience from the past. You have to combine all those bits to be a good teacher. Yes?
How did Hurricane Katrina happen? How did 9/11 happen? How did Coronavirus happen? How did George Floyd happen? How did the Dot com bubble happen? How did the Housing crisis market bubble happen? How did Ken Calhoun happen? It's a complicated, dynamic, storm stew of variables and elements that are not necessarily easily, instantly, repeatable. And that's similarly the way the market, the S&P, can trade every day, If someone, a trader observer, can trade options on that stuff every day....they can get rich,