Hopefully you played it safe and locked in some profit on that monster bounce to 4600. I did.
Now it get really important because the market has to break over that 50 SMA resistance if it can't the S&P will drop. If it does that's Bullish
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Haaa good luck with that, I think its all downhill from here
You nailed the whole margin call thing overcooking downside. Looks like we’re getting the relief of that and the market wanting to trip the stops of all the short term 🐻s and perhaps roll over the intermediate and long term bear scare
Vix dropping
Bear trap 🪤 last few days ??
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Yes. It’s been quite the repetitive cycle. Locked profits and waiting for a drop else will plough profits into my long term positions.
Rinse and repeat…….