I did not make money on the drop today.
I was hoping for the fake bounce on S&P to go a little higher to 4315- Resistance - to Monster resistance the 50 sma on the system.
But I never got that chance
Shorts jumped the gun and shorted from the get go.
So I just stayed in cash.
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I made a few bucks when SPY retested the 50sma on 5 min chart. Sold too early though and missed out on a bit. Still made money tho so can't complain






