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I exited some of my long positions at the conclusion of today's trade at SPX 3040. I don't care at this point if the price goes up or collapses....
But it all depends on price action. If it looks like it shall rally a lot beyond 3050, I shall not exit until it seems "appropriate"
I had a chance to exit at around 3090 but didn't. I wanted 3100. So, I didn't execute well there. But, now, my theory says that the the price...
I don't know how stable what happens with ES is vis a vis the SPX, but it's at 3053. It is, nonetheless, suggestive
Futures ES [SPX] at 3045 now the middle of the night. A good sign
I'll be back when the SPX is above the 3100 level [and well above it hopefully]--about the time I shall profit take or think about it. My theory...
Ok. The SPX shot up past 3200 after 2970--it didn't go back to 2900 or 2800 for me to enter then. But, now with this collapse to non-above 3050,...
A meaningful level to enter would be between 2850 to 2900 MINIMUM. It's possible the SPX could rally to above 3000 but it's not, from my...
2930 to 2960 = a silly level
Hmmm. Not interesting. This 2930 to 2960 level is risky. Not meaningful enough
Futures at 2910!
In this environment, any catalyst could show up, unpredictably, and so it's hard to predict what precisely is likely to happen--but there are...
Collapse baby, collapse!
I think it could go either way--but I'd rather it be 2750 or 2800 for a long entry!
I want SPX 2800 or 2750!
Ok. From a trading standpoint, I am now rooting for the market to collapse. I can then start to recover what I lost--and then, the more...
I'm going to go back in if the SPX drops to 2,800 or 2,700--not fully but moderately. The first goal is to recover what I lost--and then the...
My theory had said, I forget how long ago, that I should have exited at around 3100 [the time when Biden won the primaries in the South, I think]...
Crazy market. I didn't expect the Corona virus to create this type of chaos. I had averaged in at around 3,100 SPX but I went ahead and exited...
So, far with 3 hours to go, the SPY shows basically 150 million. Decent volume with this 80 point rally so far.
