Tag: technical analysis
-
SPY at new all-time highs, market euphoria, and having a plan for the downside
I’m one of those people who tends to ignore most stock market commentary. In my time of trading and investing—which is only a short time in retrospect—I would much rather focus on the price action and have a plan in place than anxiously read random stranger’s opinions online, or even worse: base my entire trade…
-
Hindsight trading SPY: how one could have spotted the 5/31 EOD run
When it comes to trading SPY, anything can happen. So in the last 60 minutes of a short week when there’s an unusually big move, don’t call it a comeback! This is just business as usual, so it’s important to not let your bias get in the way of missing these gains. Instead of trying…