I don't like that the s&p broke below the 50 sma.
that's not a bullish sign to me so I decided to take a small loss.
In hindsight I should of waited for the s&p to test and hold the 50 sma support before I decided to buy the drop long.
But that was my bad .
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Hey may I ask why you didn’t decide to short once you saw it break? I just shorted at 4435 . Maybe I’m doing something wrong?
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You did the right thing.
I thought there was risk and there was. But I didn't short.
I just went to cash.
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