Trading Block

Trading Strategy: Long: ProShares Short S&P 500 ETF (SH) *New Entry Price & See notes below* Ideal Entry: 15.61 Stop-loss Option: 14.92 Target: 17.50 Risk Rating: 4.0 SH trade setup is based off of the SPY chart.  SH: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead,

Trading Strategy: Long: ProShares Short S&P 500 ETF (SH) *New Entry Price & See notes below* Ideal Entry: 15.61 Stop-loss Option: 14.92 Target: 17.50 Risk Rating: 4.0 SH trade setup is based off of the SPY chart.  SH: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead,

Trading Strategy: Long: ProShares Short S&P 500 ETF (SH) *See notes below* Ideal Entry: 15.65 Stop-loss Option: 14.92 Target: 17.50 Risk Rating: 4.0 SH trade setup is based off of the SPY chart.  SH: 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

Trading Strategy: Trading Notes: The CPI report came out this morning and price is pretty much, at the time of me writing this, slightly higher than where it was prior to the release of the report. With CPI coming in at where expectations were pegged at, it creates a scenario for the market to test

Trading Strategy: Trading Notes: It hasn't been what I would call an easy start the new trading year. I tried PSQ again on Tuesday, but by the end of the trading session, the volume had deteriorated so much relative to recent trading sessions, that it was obvious there wasn't the necessary momentum and fear on

Trading Strategy: Long: ProShares Short QQQ ETF (PSQ) *See notes below* Ideal Entry: 14.54 Stop-loss Option: 14.21 Target: 16.40 Risk Rating: 4.1 PSQ trade setup is based off of the QQQ chart.  PSQ: 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

Trading Strategy: Trading Notes: Friday completely flipped the script on the market as we head towards the CPI report on Thursday. The bulls are looking to get in ahead of it, in anticipation that it will show inflation easing to the Fed's liking (we've seen this notion end horribly bad in the past). At this point,

Trading Strategy: Trading Notes: Low and behold we completed a 13th straight day of consolidation on $SPY, which has become a never-ending chopfest for stocks and the market as a whole. This continues to impact my ability to add more positions to the market as it makes little to no sense to add new positions when the

Trading Strategy: Trading Notes: We are entering the 13th straight day of trading inside of a very tight and narrow range on $SPY. Until price breaks out or down from this range, there is very little incentive of adding more exposure in either direction. With this much consistent consolidation, it makes sense to see how price

Trading Strategy: Long: ProShares Short QQQ ETF (PSQ) *Sent Intraday Tuesday* Ideal Entry: 14.91 Stop-loss Option: 14.49 Target: 16.40 Risk Rating: 4.0 PSQ Trade Setup is based off of the QQQ Chart Analysis Trading Activity: Setups Triggered: PSQ Setups Waiting to Trigger: None Active Trades: SPY (1/3) (Short), SH (Long), PSQ (Long) Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position)