Don't get greedy
Updated
I only shorted at the open because price hit resistance at the line I called, stay above. But as I was always aiming for a mild bullish scenario and the fact that if it did go up and hit that line, my shorts would be losses, I sold around 10 sharp, 10:05
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Bear path if it doesn't just crash by Tues, could bounce you knowComment
But let's take SPY for example -- has to stay above $523.55 and hopefully cross $526.80 and then we can score on the way down once it crosses back through it
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interesting -- my lines didn't show up because I had them as alerts, but that was just the easiest option to setup some lines to watch on the go.Comment
Hopefully it holds relatively steady tomorrow -- else we're basically predicting 4% in 2 days.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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