See chart.
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long worked, because pattern :)
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We now have a night bull flag that stopped at some very strong resistance. I'll be in cash from here until this gets resolved.
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1. Intent at open. 2. Intent after open. 3. Intent after breakfast. 4. Intent after lunch. 5. Intent at close. They tell you their intent. All day. lol.
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SPY 1 hr bearish engulfing, i'll start building a short position here. Stops in place.
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and the 1st mouse that try to get the cheese is likely to get trapped
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imo 100 ema is a good target as it covers the big gap too, stops in place
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OK. I'm covering the short here. No strong enough momentum to take this down with conviction atm, imo.
