Black Friday Will SPY give a discount? -- Plan for Fri Nov 28
Latest algo update yesterday predicted SPX 6770-6777 at 10:45am !! I'll be doing a lot of testing this holiday before incorporating, but wowza! massive implications.
Nailed the credits sells on Wed and the long — perfect targeting into 6830c!
Today I don’t plan to trade. Volume is crap ovenight, spread is crap, There is no reason to trade in today’s environment. The regular rules don’t apply.
Let’s pick back up on Monday!
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Plan for Fri Nov 28
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
GO SHOPPING - work on SPX 0DTE Credit Selling course
I can’t in good conscience share my regular ideas/plans with you today.
That said here are some thoughts for the degens.
If 679.50 breaks, there could be selling but watch out for whipsaws. if 683.50 clears some stops may trigger that in a low volume environment be make an outsized move.
See you all MONDAY!!
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