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Moonlazer

03/09/24 9:36 AM

#8295 RE: Greedy G #8294

Exactly. And with S&P closing above last weeks weekly high, regardless of the candlestick, I firmly believe they set up a nice bear trap. I'll be buying into any selling at open. It's another golden opportunity to average down and add exposure for the next leg up. We're near the quarterly rollover on options and expirations, which will have a minor effect on the broader market as well. So that speculation should spice up the books a bit. Apple was up. Tesla hanging out at 175. It's the round number day for some. 511 was an important number on SPY. 504.91 was the resistance I was looking for on that. Green close Monday. Everything in my gutt is telling me short consolidation before we run again, but I have been wrong before.
Bullish
Bullish