Hope you’re having a marvelous Monday!
With the market sentiment being what it was this morning after the ripples of Silicon Valley Bank and Signature Bank going under still causing shellshock, we expected some chop on the charts today.
As the market painfully ground higher we had massive 10-13 point dumps in the opposite direction, you really had to grit your teeth to ride a move higher.
It seems market makers were determined to flush everybody out before every move higher.
But since it was so obvious what they were doing it was easy to profit.
I took three longs on pullbacks for a few points each and then one final long to break the overnight high for $800 profit within an hour and a half of the open. 🙂
We’re living in exciting times.
Don’t you just love the act of trading?
We get to keep our finger on the pulse of the market every day and even if sh*t happens in the “real world” we can profit from the movement on the screens.
Stay safe out there and…