AMEX:SPY   SPDR S&P 500 ETF TRUST
The box really did not fail. Lets see tomorrow end around 435 would be IDEAL... I cant even tell you. I closed out SHOP to early though... pissed. I did not think it was coming down that fast. But profit is profit. CMG, nailed today and a few others. I expect continuation before a slight bounce and then .. well, you know :) Lets see where we close tomorrow. I have one or two positions that are ehhh the others, nothing short of absolutely F**** amazing.

Sadly, I see people posting channels as flags on here.. where did these people come from? And they have a good amount of a following. Is this like a broker or hedge trolling or something? They cant honestly be that dumb. Not picking on people learning, I love to see people learn and do well but sometimes, I just have to say are you a troll trying to do harm to people or just dumb? I think there is a little of both. Anyway, excuse the negative tone, I just really think some are here to inflict financial harm and deceive people and THAT, I have a problem with. If its just lack of knowledge, ok... Ill just shake my head and hope they learn but to do harm, that really bothers me.


Anyway, cheers! Lets see where we land tomorrow!
Comment:
Thanks for the comments guys. I see alot of you did pretty well. I am just moving my stops up... I did another bad this morning, I cashed out part of a position expecting a little bit of a bounce before the next leg down next week and it just continued even more than i thought. Luckily it was only 15% of my position. Still locked in a nice profit on that 15% but it would have been a few hundred more bucks. So just moving my stop. I see a smidge more downside I believe before the next lower high. Will post more either later or over the weekend. Busy day today.
Comment:
Then again, maybe not. 4 hour candle is looking potentially bullish on some things for a little bounce to kick off next week? Bullish start, bearish end? Well see... just keep those stops in place. We hit where I thought and even a little lower... next week is lower but maybe we do, do that little bounce before coming lower. See where today ends. Keep those stops in place...
Comment:
Not looking at much of anything as I am busy at the office but look at SPY and QQQ just continue to melt off after hours... gap down on Monday? I know that downside is coming.. just what order. bounce and down or down and then the little tiny bounce for the lower high. Ill sit down and look at things over the weekend but I couldnt help and smile of that continued melt off into after hours. And some people said good luck with that 430 by Friday. (I was looking for 428). Here we are at 424 in after hours.... lol. Just awesome.
Comment:
Just took 2 minutes to look at some stuff for some earnings next week... next week is going to be wild! PS I am not the least bit bullish either. I think next week could be epic!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.