SPYTSLANVDA considering it is only 5:30 and there is a good bit of time till market opens. It does feel sort of bearish at this exact moment. Like i said good bit to go till open but the big five are all down and VIX is up. If you are in positions currently hold till at least 10-10:30 dont sell out of fear or greed. The same applies for those looking to enter trades today. Its always a good rule to wait at least 30 minutes to a hour to allow time for the trend to appear. Do you miss out on potential profits and trades doing that? Of course but at the same time its very risky to enter before. Trading isnt gambling and gambling isnt trading. The most profitable traders are the ones who take the smallest risks for a moderate reward. Take your emotions out the mix and trust the chart. A missed risky trade shouldnt be viewed as loss profit. Trust the trend. Good luck today everyone and lets print some money!
…still a gap @ 38.56 (somewhere in that region) from early August, but all other gaps to the upside from that spike in the summer filled yesterday, so that’s a thing