SPY broke and more importantly closed above the mid-July high. If it remains above that level on Monday, I will abandon my bear position for now.
Cheers !
PersianCat
Trade Like A Persian Cat reminds me that I should be like a Persian Cat, waiting for the right setup to trade and not act on impulse. This blog documents my trades, thoughts and reflections in playing Options in the US Market. "Bulls make money, Bears make money, Pigs Get Slaughtered, Cash is King"
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2 comments:
I suggest give yourself more room for loss because we are in Cardinal Climax. Wait till August 5, before decide closing your short position.
I suggest give yourself more room for loss until August 5, because we are in Cardinal Climax.
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