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Trading Strategy: Trading Notes: Since the start of the war in Ukraine, the market has bounced ferociously higher and looks to do the same again today. Improvements on the $IWM chart, but very little else on $SPY and $QQQ that would look to be any more than a dead cat bounce. Getting long here seems enticing,

Trading Strategy: Trading Notes: The State of the Union Address ended up being a non-event for the stock market, now it is on to the Fed talk to day, that includes remarks from Jerome Powell. Oil is spiking as high as $112/barrel, and creates additional inflationary pressures on the Fed. I added QID yesterday, but with

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See Notes Below, prices changed* Ideal Entry: 20.27 Stop-loss Option: 19.42 Target: 23.30 Risk Rating: 4.5 QID Trade Setup based off of QQQ Chart.  QID: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See Notes Below* Ideal Entry: 20.77 Stop-loss Option: 19.72 Target: 23.30 Risk Rating: 4.5 QID Trade Setup based off of QQQ Chart.  QID: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first

Trading Strategy: Trading Notes: This is a tough scenario with this market following an impressive bounce yesterday off the lows. There are only two other sessions where the market fell more than 2%, established a new 6-month low, and then managed to close up that same day by more than 1%. These instances occurred in 2002

Trading Strategy: Trading Notes: You're seeing why I haven't shown any willingness to be bullish on this stock market, or to chase the bounces over the past few weeks. In swing-trading, the initial bounce isn't what is important, but the sustainability of that bounce and right now, you don't have that. Headline risk is extreme right

Trading Strategy: Trading Notes: I've been using the past two trading sessions as opportunities to reduce my bearish exposure on this market and book some profits along the way. Price is at a major crossroads here on both $SPY and $QQQ as they look to retest their lows from January, which for the former is also

Trading Strategy: Trading Notes: Having two short positions already in the portfolio, I could press my capital further to the downside by adding additional short positions, but I think it would be a knee jerk reaction to the headlines vs playing the technical breakdown as I did last week with $RWM and $QID. I also think

Trading Strategy: Trading Notes: Across the board the market is starting to break down once again. $SPY, $QQQ and $IWM are setting up for retests of the January lows. I added two new positions that reflect a bearish stance on the market, and don't plan to increase that exposure today. Furthermore with the near completion of

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See Notes Below* Ideal Entry: 19.31 Stop-loss Option: 18.46 Target: 21.60 Risk Rating: 4.2 QID: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs