SPDR S&P 500 (SPY)

[Scripo]

Yeah i agree i may have missed a gap down opp. but my gut was saying clear the deck and make funds avail for a bigger move. Looking at the 60 min yeah it broke down it gave me my signal to be ready. From this run up imo were still semi-bullish on the daily chart, im not all thrilled with thought of missing the boat but i have a hunch we have a visit 200 201 area again thats where ill stick with my entry plan on LT P's.

Pattern i have found on 60 after my get ready signal usually has slow stoch deep in oversold. Usaully bb will firm up just enough to head fake but i know its just a head fake cause my signal is good for 3-4 day pattern before reversing. So i wont be scared to take on any run.

If i miss a huge gap down lessoned learned i think having that seed position is good for that the un known opening next trading day.