either exit flatish at 9pm or ride down if closes below 2085 tonight.
After 30pts amplitude intraday, it is unlikely SPX will go higher today.
I think the moves are contained either way. it is a question of money management.
I think this bottoming is going to last a few more days but i could be wrong.
If i am wrong, it wont go too far upward.
If i am right, i ll have an opportunity to attempt a perfect fitting by buying lower...
Rob, do you realise you keep projecting what is going on in the last 2 hours.. if up you see 2140.. if down you see the end of the world... This is out of line with what is happening: a storm in a glass of water.
A sell carried into the weekend doesn't mean we sell more on Monday. Market has a short term memory.
Also, i'm following your posts and i'm noticing you're somewhat more evenly divided between short term long and short positions. It's kinda like you're in a pennant/going sideways, like the market ;-)