About meTechnical/Discretionary Trader with a primary focus on risk mitigation.
I post for fun, not investment/trading advice.
3-year goals: Transition into Algo Trader, Get an EMBA and Register a Firm.
Values: Integrity, Humility, Objectivity & Decisiveness
Let's see what we get. This is just an analysis, don't know if I am going to take a trade here just yet.
But ya 5 wave impulse completed to the downside, it's time to do ABC correction. "usually" retraces back to wave 4 so let's see what we get.
I tried to make a video explaining my next moves on spy but something went wrong with the mic. I will post the video below just in case.
1. Dollar didn't go for a relief rally as expected so SPY went all over the place
2. Playbook targets are still valid but we have a new possibility after the strong bounce