I didn't short today.
I only protected my gains from yesterday.
But from what I see now.
I'm not buying this drop.
Not the way it looks right now.
You are not suppose to be long on the break below the 50 sma.
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Is the break below the 50 sma the pre signal to close out a trade going against you before we finally get the sell signal from the 10sma crossing below the 50sma? Or can this still bounce since we haven't gotten the sell signal yet?
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Today feels like those FED meetings days when market hasn’t shown it’s hand yet
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So the 10sma went above the 50 sma yesterday. So the system says that you are still holding spy long. Thats what we do?
until it the 10 crosses below the sma 50 right. Then we go back to cash or short?
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