Hey Traders,
The FOMC Meeting is underway and comments are coming across the wires about the state of monetary policy and the handling of the economy.
Tentatively positive comments are being spoken leading to a further rise in the value of the SPX.
Here's why I'm short biased.
The FOMC Meeting is underway and comments are coming across the wires about the state of monetary policy and the handling of the economy.
Tentatively positive comments are being spoken leading to a further rise in the value of the SPX.
Here's why I'm short biased.
코멘트:
Last bit of news for the week, maintaining same bias
코멘트:
Bias continued into monday.
코멘트:
Markets closing even higher around prev highs. Any added entries, do remember that you can, and likely will find you break highs ultimately. Although we are short biased, we are not existentially shorting.
코멘트:
FED comments referring to the surprise of how much has been bought...
코멘트:
Should be out for Exit 1. Reshort areas approaching.
코멘트:
Re-shorts applicable (Taking of pre-preferred prices). Optimism tentatively carries into 2024 for the mass market. All the better to sell :)
코멘트:
Holding in gains further, use trailing / ITM stop.
코멘트:
Rhetoric changing slightly. Slight fear.
코멘트:
Maintaining short bias.
코멘트:
Maintaining further pre inflation news.
코멘트:
continuing short bias.
코멘트:
And the same pre fed. Change of direction / larger news impetus required.
Get Free Training + My Email Trading Markets Now Updates:
bit.ly/willsbpa
Free Discord Secret Server:
bit.ly/bpadicsord
Daily Mentoring On Zoom:
bit.ly/prottm
Posts Not financial advice.
bit.ly/willsbpa
Free Discord Secret Server:
bit.ly/bpadicsord
Daily Mentoring On Zoom:
bit.ly/prottm
Posts Not financial advice.
1. Light
2. Spread out.