SPY

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Alot of people are asking me when the rebound will be finished. But to be honest, this question is always in hindsight. You can only call top or bottom after a while and i mean we don't even know the recent low is bottom yet.. only history will tell.

But at the same time, the above would not affect your trading. You should always manage your position with care no matter when. For example, now I see the index just broke out the recent high, I will continue to keep my long and keep finding strong trending stock. I may take out half of the profit if the stock has extended a bit from the moving average, and move my stop to breakeven and let profit rolls. This is how easy it is.

and oh btw, SPY start to become bullish on 4 hours chart.

Stay safe and healthy

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Posted via Steemleo



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