i bought at 1190 as my big position and cashed out 1370, so im safe just buying dips now for long term holds now
i am long again from 1300 (half size as original long) and will not put a stop loss on this position. instead, i will wait to go in huge once again around 1090/1100
looks like we are going to make fresh all-time highs once again, then time to short
i suspect the week after Easter we will put in another major SPX high.
don't over complicate it just ride the wave...
Been buying every dip near 9000 for the past couple weeks. We are fighting through some tough technicals due to the lack of liquidity brought into the market by the quick and fast move to 9130 in the first week of March.
This left no room left to run (until the last week of the month, maybe). So surprise, we chopped during the middle of the month.
Think outside...