So here is the move.
1) I took some profits on the big move today.
I'm still bullish today as long as it holds 3679.
2) I'll go back in cash for tomorrow and look for another long entry point.
BUT if the S&P don't hold the 50 sma. I will short.
Conversation
Replying to
Still a ways away from a 30% drop from January and definitely above my trend line from 2009 to pre-Covid crash. Regardless of my analysis, I ALWAYS follow your system.
1
You called it back in January that we are dropping at least until October. You have been bang on! 🔥 🔥

