➤ Yes, that's exactly what happened with my long position. A large move higher in equities the day after I got out (for a loss). That basically sums up why Trading can sometimes be so frustrating. These days I just take a deep breath and move on. My younger-self would have tore my hair out!
➤ So what does this bullish move mean? Very little in my opinion. It's just another choppy day. We need to see if the S&P500 can break above 4000 or it goes back below 3900. A move in either direction should determine the primary trend for the next week(s).
➤ I currently hold no position.
➤ Conclusion: Standing by to see which direction the market favours.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.