We now have a night bull flag that stopped at some very strong resistance. I'll be in cash from here until this gets resolved.
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1. Intent at open. 2. Intent after open. 3. Intent after breakfast. 4. Intent after lunch. 5. Intent at close. They tell you their intent. All day. lol.
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SPY 1 hr bearish engulfing, i'll start building a short position here. Stops in place.
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and the 1st mouse that try to get the cheese is likely to get trapped
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imo 100 ema is a good target as it covers the big gap too, stops in place
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OK. I'm covering the short here. No strong enough momentum to take this down with conviction atm, imo.
OK. Even the blonde showed up today as I asked, though I did the French talk. Everyone gets points. Shakespeare would be proud. I got called a troll, stupid, blind, kid, drug addict, date seeker, etc. I'm still friendly. I believe day-trading cooperation is possible and can be productive.
UnknownUnicorn292837
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Soldier's approach: if I enter a trade i accept the possibility of a loss and it releases the useful energy.
UnknownUnicorn292837
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but the soldiers knew what was going to come and understood and accepted as part of the professional code
My view here is based on the specific candle patterns and my understanding of the current momentum. Please see my last SPX chart where I pointed out the "line in the sand" for this bull action validity.