SPX500: Short Term Update

Details on the chart.

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previous projection:

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I don't trade these charts. These are just for the general orientation that can and will change often and quickly. The trade decisions are made on the spot every day.

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I expected another dip after the day's high today. That did't quite happen, which reinforced my bullish bias for the rest of the week.

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The pros bought into the close - fact. Lemme know your feelings.

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to play a breakout - don't wait for the actual breakout - that's for sissies
it applies to the both sides

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I'm accumulating some longs here - cautiously.

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So the bull flag was not to become a bull, but to become a thinking human being. Or a thinking cat in my case.

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It's a river, everything is dynamic and floating:

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1) High confidence trade: add to you position after breaking each new pivot.
2) Low confidence trade: take off partial profits as you go (at pivots).
3) Posting here for the friends, feel free to unfollow any time.

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never an arrogant cat, but a thinking one:

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