SPX 9 day showing 3,825,

    Posted by fundamentalvalues on 21st of Jun 2022 at 11:14 am

    SPX 9 day showing 3,825, which is congruent with the possible count Matt showed higher as well as Steve's comment about 3,830 post FOMC highs. I originally sold my SPXL at 3,747 area, though jumped back in the trade once it was confirmed we had a gap and go (trend day). I used less exposure on the re-entry. Sell some/keep some strategy. Still long my LABU core as well, though just trimmed a few at $6.00. One level at a time. Lots of gaps above starting with 3,789.99. 

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