Spy is now going to retest 320 now that 380 level has broken.
FED doesn't speak again till nov first and second.
They can't drag this bad market up now.
September 7th to 14th they were not doing QT but buying according to their balance sheet.
Every end of the month they start unloading.
macd flipping on weekly for spy and QQQ
Watch for earnings in October to destroy this( Fed ex showed us the way)
DCA Points if going long are at 320, 275, 226, according to fibs.
Watch capitulation around 100 monthly moving average on spy (will be around 300 by November)
What am I doing?
Long position on SQQQ
DCAing on stock market at those points outlined within reason.
They can't drag this bad market up now.
September 7th to 14th they were not doing QT but buying according to their balance sheet.
Every end of the month they start unloading.
macd flipping on weekly for spy and QQQ
Watch for earnings in October to destroy this( Fed ex showed us the way)
DCA Points if going long are at 320, 275, 226, according to fibs.
Watch capitulation around 100 monthly moving average on spy (will be around 300 by November)
What am I doing?
Long position on SQQQ
DCAing on stock market at those points outlined within reason.