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Trading Strategy: Trading Notes: No new trades coming into the day for me. That could change as the day progresses. However, with price action well extended to the downside, and testing a major declining support level on $SPY, I want to be guarded with adding additional bearish exposure against a key support level. I've taken the

Trading Strategy: Long: ProShares Short Russell 2000 (RWM) *Sent intraday Friday* Ideal Entry: 24.69 Stop-loss Option: 23.33 Target: 27.40 Risk Rating: 4.0 RWM trade setup based off of the IWM Chart. Trading Activity: Setups Triggered: RWM Setups Waiting to Trigger: None Active Trades: QID (2/3), RWM Trades/Setups Removed/Closed: QID (1/3) (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These

Trading Strategy: Trading Notes: The inflation number came in incredibly hot at 8.6% vs 8.3% expected. In fact, every component of it came in way above expectations and as a result the market is selling off so far this morning. I'm looking at additional exposure for further market downside, but will hold off until the first

Trading Strategy: Long: ProShares UltraShort QQQ ETF (QID) *See Notes Below* Ideal Entry: 23.00 Stop-loss Option: 21.70 Target: 27.00 Risk Rating: 4.6 QID trade setup based off of the QQQ Chart. QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Long: ProShares UltraShort QQQ ETF (QID) *See Notes Below* Ideal Entry: 23.00 Stop-loss Option: 21.70 Target: 27.00 Risk Rating: 4.6 QID trade setup based off of the QQQ Chart. QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Long: ProShares UltraShort QQQ ETF (QID) *See Notes Below* Ideal Entry: 23 Stop-loss Option: 21.76 Target: 27.00 Risk Rating: 4.6 QID trade setup based off of the QQQ Chart. QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Long: ProShares UltraShort QQQ ETF (QID) *See Notes Below* Ideal Entry: 23 Stop-loss Option: 21.76 Target: 27.00 Risk Rating: 4.6 QID trade setup based off of the QQQ Chart. QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Trading Notes: I'm back from Vacation today following a nice relaxing time with family. Nice rally yesterday across the board, but with the employment number out this morning, the market is reacting negatively to it. Right now, none of the indices have reached that 50% retracement level. SPY is close, and QQQ has

Trading Strategy: Trading Notes: Quick reminder, that I'm using this shortened trading week to take a few days off and spend with family. As most of you know, I hardly take much time off from the market, but I do like to take time during the summer and Christmas season. I expect to be back

Trading Strategy: Trading Notes: Just a reminder, that I'm using this shortened trading week to take a few days off and spend with family. As most of you know, I hardly take much time off from the market, but I do like to take time during the summer and Christmas season. I expect to be