Down we go

2022年7月7日

SPY approaching key levels, a very high possibility of a sell off incoming.

Recession is almost here.

2022年7月8日

註釋

Job report came out strong today, hence the slight sell off. Strong jobs means green light on rate hikes, which means deflating SPY.

2022年7月8日

註釋

So, SPY is forming a beautiful M-shaped reversal pattern, but of course it will not be confirmed until 373 support is taken out.

2022年7月13日

註釋

I have reduced my position size by half, it looks like the market is not convinced to sell off. We'll see where we stand following the CPI report.