RELIEF RALLY! Enjoy it while it lasts....GRIDLOCK is GOOD!

Yeah, this looks like a blow-off spike to end this rally from the SPX 2600 low

Could be wrong ....but don't think so

Ride it up, Ride it down, just go with the flow!

Usually, the down market trades produce larger profits but today's humongous rally was an auto profit-maker once you kept 

going with the trend up, exited on pull-backs, and entered again. 

I had 17 NQ trades, 14 longs and 3 shorts, and I could have made the same profits with 8 or 9 trades but my 

modus operandi is to be more granular with NQ day-trades rather than staying in these trades as long as possible and risking sudden moves in the opposite direction. 

I hold net 9 QQQ puts, should have bought more but could not spend more time in modifying & fine-tuning the orders. 

MACD on SPX went above A (labels in green) today, one possibility is to emulate what it did last time (see "W" shape in early 2018), which would be to move up to B (midline in trend), then back down to the support line it recently touched, then up again. Another would be to just pass through B and rise to C (upper trend line) where it would start dropping. I think with these trend lines here being downward facing, eventually the top line will be so low the index runs out of gas.

if any of u know anything about the mclellan oscilator and its history u would know that this was the kickoff to well above all time highs