This week looks to be ending as a inside week and so was last week. I need market to pick a side next week or expect more grinding slightly bullish chop.
Comment:
As the market test last weeks high and in less than 24 hours looks like it wants to test the last weeks bottom doesn't look very bullish to me.
Trade active:
shorts where commenced yesterday when week low was violated. qqq and SPY puts
Comment:
important area to watch
Trade closed: target reached:
Important area was a hot knife, so will be looking to exit this short on any level of strength over Fridays high