Wednesday, January 18, 2023

duuuuump!

Lots of economic numbers this morning. Market started strong-ish, and traded right up to 
SPY- major downtrend line and ~400 round number (400.12)
QQQ- major resistance level ~285
Then couldn't catch a bid the rest of the morning. Bearish engulfing everywhere. As of 11:50 when I'm writing.

I got UAL for an overbought reversal. Wide spreads and volatility, but I got some good exits. Left some on the table, but have to do what I do. Clockwork. My rules, my trade, my money, yada yada 

MRNA was "hard work" it wasn't exploding up where it was "supposed to" eventually I took a stop/limit and was so annoyed. Until several minutes later when I was SO RELIEVED!


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