closing manually ahead of the Fed. The system is not
closing this is a manual subjective exit ahead of the Fed. For
those of you who may just want to stick with the system I'll let
you know when it actually closes out.
The market can do anything here. One option is for the pullback
off Friday's highs as a wave ii of 5, and we go up strongly in wave
iii of 5 (probably on markets reaction to the Fed) or prices could
fall and break the channel and 4050 area ending that possibility.
I'm choosing to go to cash sideline with the systems, which have
done well capturing that bounce last week and covering 1/2 of that
short at last weeks lows.
closing rest of SPY DVDS short manually
Posted by matt on 3rd of May 2023 at 11:26 am
closing manually ahead of the Fed. The system is not closing this is a manual subjective exit ahead of the Fed. For those of you who may just want to stick with the system I'll let you know when it actually closes out.
The market can do anything here. One option is for the pullback off Friday's highs as a wave ii of 5, and we go up strongly in wave iii of 5 (probably on markets reaction to the Fed) or prices could fall and break the channel and 4050 area ending that possibility. I'm choosing to go to cash sideline with the systems, which have done well capturing that bounce last week and covering 1/2 of that short at last weeks lows.
I haven't emailed this out
Posted by matt on 3rd of May 2023 at 11:30 am
I haven't emailed this out yet- watching the quotes here to see if prices continue to dip short term