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A very nice buy zone is between 2850 to 2870 [Of course, non-above, 2850 is even better]
A key battle for now--everything is relative--is the SPX 2910 level for this week [tomorrow's close]
My theory tells me that a re-test of 2900 shall happen at some point--keep in mind I am a swing trader
We need another tweet from Trump. 2870 to 2890 would be another nice entry point for a long position
Another good entry for a long position would be at 2890 or non-above
Ok. Maybe, I shall quit posting my entries and exits. I may mention buy zones and exit zones. We'll see
My account is at its highest level ever. Getting better at this trading thing. Man, it took a long time to start to figure things out
I might re-enter a long position at 2890, if it happens
I exited totally for profit taking this morning at 2920 this morning
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...
