Today was a weird day.
So many fake “reversal” signals but puts kept printing.
If you lost money today, don’t beat yourself up over it.
Trend days after months of chop are hard to trade.
Some will get lucky and catch the big move, majority will blow their account either chasing when the candle has exhausted or trying to time reversals at every level.
Enjoy your weekend, I plan to take less trades until Nov 20, then after that I’ll go back to my regular schedule.
$spy $spx $qqq
$SPY
-2.5% today.
Still in the chop zone so nothing special, next week we most likely chop around 755, support 750, resistance 757.
So much about to cut.
Pissing me off.
Still at breakeven.
Manage your risk please.
$spy
Targeting a bounce at this intraday support.
Cut below 757.
That opens the floor to go lower.
$spy
$spy
$759-$760 from June to now.
This second half of 2026 has been shit to trade.
Here’s what I made today with $250 scalping $SPX during power hour 2pm - 4pm.
Cheap cons, explosive premium movements.
I do this everyday with a $250 account.
I’m in and out of these trades 3 minutes max.
These ran to $500.
I sold at $350.
SPX came down to one of my levels from a week ago, easy long.
$SPX
$spy
I doubt we’ll see below 760 again after this rejection.
Forming major support at the 760 level.
I’ll continue to chart and we’ll end the day green, keep an eye out for a play.
Currently pumping but I don’t want to long, I’ll wait for a pullback and retest.
SL hasn’t hit yet but premiums are bleeding from this chop.
Will cut soon if this 5 min holds above 763.
Bad play from me, shoulda waited for my confirmation at 763.
$spy
SL 5 min close above 763.
Letting them ride if SL doesn’t hit.
$spy