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But intraday 2880 is key
The Vix fell non-above 20
I am a swing trader. But, the intra-day trend is up
Boom. Off we go, into... [At least, it seems that way momentarily]. But, my theory says the SPX definitely shall retest the 2900 level, so I...
I am leaning towards exiting to profit take at 2920 to 2940 level
I entered at a meaningful level long but I don't care which way the price goes. More collapse--I buy more. Rally--I profit take. But I want...
The volume for the SPY is anemic at 45 million for this collapse--I read that as a bullish sign
The problem of profit taking at SPX 2900 or 2940 is that the price could head towards another test of the 3000 level. You have to know your...
My plan is to exit for profit taking probably at around 2900 and then re-assess
Ok, working with my theory, I jumped in more long at around 2865
Ok. I had averaged in between 2833 to 2900. I exited at 2893 two-thirds of my long positions for profit taking. The SPX is now at 2880. My...
I want the SPX to rally above 2940 now
Today, I entered fresh multiple times long between 2870 and 2900. My theory says the SPX should rally to minimally 2920 at some point--again,...
I exited for profit at 2925 yesterday
Ok. Re-entered long at SPX 2906
The SPY volume at 29 million at 10 a.m. PST. Halfway point for the day. Not much volume on this gap up and rally today--but Fed catalyst can do...
But, it sounds like the key determinant now is the FED--so, I shall see what happens in the next day or so before thinking about what to do--but...
Viva la volatility!
My trading theory says that if the SPX collapses again non-above 2900, it's a buy zone! So, if that happens, I shall enter again long!
Ok. I exited for profit taking at 2926 this morning