SPY 8/11 PPI

169
So with the somewhat good news we used pre market to break resistance that was nice of the algorithms. Today I used my 30 minute range to trade worked out great on the 3 minute chart. PPI tomorrow let’s see how the market reacts. I hope you all cashed in today try not to overtrade. Expecting to hit 421.06 then pullback to pick up steam with the bull algo. I still believe 432 by the end of the month is possible. Remember feds start talking in September but before they do we have another CPI number release. I’m expecting the market to continue this bull rally. In the meantime the trend is your friend until the end. Keep that risk management true to yourself trade your plan don’t talk yourself out of it and as always trade what’s in front of you.
Like this post if you cashed in today let’s get ready for lotto Friday let me know what stocks you want me to check out for you I’ll post them tomorrow

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