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Markets on the edge: IT PMO SELL Signal on SPY


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#91 12SPX

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Posted 26 March 2021 - 07:28 AM

Continued my short build and even caught 3920 just before bed so my average short now is 3909, profit stop 3908 going into the cash open....



#92 12SPX

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Posted 26 March 2021 - 07:35 AM

Not surprised at all about the market pulling back as the first thing I look at now is where the 10-year bond is and it explains it all.  Tech stocks and so many other companies are so in debt these higher rates aren't good.  Anyone look at margin levels lately also omg, I'd think that some of this stimulus money may be going to pay that off a bit!



#93 12SPX

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Posted 26 March 2021 - 07:42 AM

Hmmmm out for 1 point but am getting a little overbought but gonna start my build early at 3911, would love to see 3920 again!



#94 12SPX

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Posted 26 March 2021 - 09:17 AM

And there we go continue my build, average now 3917!! 



#95 12SPX

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Posted 26 March 2021 - 09:36 AM

Cant resist, average short 3921! 



#96 12SPX

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Posted 26 March 2021 - 10:01 AM

Lets see how it goes here, profit stop 3920, will sell above...



#97 12SPX

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Posted 26 March 2021 - 10:09 AM

Oh oh I was scorched for a 1 point "profit" on my short build but hopefully get to start at a nice even short of 3925.  I'll hold onto to it for bit hopefully won't have to lower it! 



#98 12SPX

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Posted 26 March 2021 - 10:13 AM

Grabbed a short at 3922, see how it goes from there, market still feels heavy....



#99 12SPX

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Posted 26 March 2021 - 10:17 AM

That was awesome timing, walked away to get coffee lol!  Profit stop 3920 and will sell above! 



#100 12SPX

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Posted 26 March 2021 - 10:25 AM

profit stop 3915