I lost money buying the 73 point drop.
No bounce today.
Went back in cash on the negative cross.
Just going to take the loss for today.
Don't see a way anymore we come back today.
Nothing Bullish about today.
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I flipped short myself, holding the long until end of day, maybe bounce if not cut loss.
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Just about all trading systems for the most part are dysfunctional in this kind of market today, unless used for the downside,it's more of the past week pumpers,unloading all of their pumps to lock in what ever profits they have,before getting a margin call on other positions.
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I bought the $411.00 puts strike on SPY at below $0.25 this morning,just sold them at $5.35
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