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Back to “The Grind”
Every day in the markets is a new opportunity, it’s not always exciting, stocks are not always going to pop or explode north. Pullbacks are normal, they can be welcomed price movements offering entry on stocks we may of missed, or for an add on point to stocks that we already own that are trending in our favor
Personally I not only invest in, ( more on that coming soon ) but day trade SPY with Options as well. Last week we were stuck in the 500-510 zone, we’ve broken out of that, today we bounced around in the 516.50 – 518.50 area, and it did close near the bottom of that range… All in all not a bad thing to have. You can see the large yellow line at the bottom, that was todays opening Gap. It closed up above that.
This chart is a 23 minute chart on SPY.. If your new to chart reading that means every green bar that you see was a 23 minute time frame. Not the length of the chart
The Heat Map shows us that DIS and TSLA didn’t do much to help today…. Tomorrow is another day….
Invest wisely, live charitably and be well
Brother Bill