Description
⋅ Testing the upper channel line, if the market tanks in the afternoon, I'm bailing on my calls.
Lots of stocks still red, if all of them go even then SPX will pop out of the channel
The issue is that MFI is rising quickly so it may just be a one or two day pop with more whipsaw next week. Bulls better hope for a melt up.
Comment
⋅ Futures selloff at the channel line, market needs to melt back up in the afternoon or it's toast and I'm bailing and shorting garbage
Trade closed manually
⋅ Looks like a rejection, decided to short garbage