Ya know what that means....... its almost time to buy the dip! As we push up....... your stop is yesterdays low. Up we go!
Catatan
Way overdone.. even for a bull. DO they take SPY down to 425 and cross that line? Ehh maybe. Nothing is off the table but I would not be taking short positions at this point. I think the week may just end up at the high for the week, which will be interesting to say the least....
Catatan
No position in it currently and I am bearish as F*** but RCL I think has some upside atleast for the next day or two. They overdid that.
Catatan
In bull markets you look for bull pennants and bull flags.. keep an eye out for potential bear flags and pennants. Play it smart!
Catatan
Lots of reasons to be short term bullish. Lots.... but overnight moves can happen.. or is that just the fear they are trying to put into you lately. But as always, allocate correctly. I think you will see things play out as you originally thought if just turning those emotions off. But have stops just in case you are wrong. I am bullish for the next few days.. I really am. Bearish as F*** in the big picture but short term.. I remain bullish.
Catatan
And we look good.. assuming no gap downs overnight.. telling you.. 440s are coming. I am a bear and for good reason but I see 440s....
Catatan
I would not object to 425 showing up tomorrow... "fed fears" blah blah blah YAWN Then we move up on to finish off the week it looks like........ that is how I am seeing it atleast. I do not see a break of the 425 level....
Catatan
What I am looking for, so everyone is clear cuplikan
Catatan
Well after looking at the options order flow... I am less than impressed ... I may get out and sit this out and be patient.
Beyond Technical Analysis

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