Charting on the daily, I think SQ is in a nice set up for a put play. The downward trend that has been created has been touched twice. At each point of contact there was a follow through of selling pressure. The selling pressure has also caused weakness within the new support area . I am concern about the amount of time it make take for this plan to carryout.
Even dough the trade was amazing , there is always room for improvement. Here is what i learnd
1.if the markets (indexes) are green at closing, it doesn't mean there will not be a pull back, which can effect your trading position. and vice versa.
2. if you miss your entry, and the trade is going in the direction you calculated, use your trend lines for a...