Markets are being supported by some key levels, for now it seems like we have some juice to move if we can move above resistance. Target on SPY approx. 410 range.
Trade active:
Momentum still seems to be moving upward. A break below $21 will nullify this trade.
Comment:
Made some small profits on the move up to 23.80, took 75% on friday. If we run up , amazing, but at this point the ES has already hit resistance so we may see a reversal.
Comment:
Think its time we move back down
Trade active:
added back into this position over the course of last week, looking to ride the squeeze up before the markets go lower.
Trade closed: target reached
Comment:
exactly as predicted and then some