New Trade Setups Added

Long: ProShares Short S&P 500 ETF (SH) (sent intraday)

  • Ideal Entry: 27.58
  • Stop-loss Option: 27.01
  • Target: 33.19
  • Risk Rating: 5.0

spx 4 1

Long: ProShares Short QQQ ETF (PSQ) (sent intraday)

  • Ideal Entry: 25.40
  • Stop-loss Option: 24.75
  • Target: 29.20
  • Risk Rating: 5.0

psq chart

Trade Setups Triggered:

Long Setups: PSQ, SH, ADBE

Short Setups: None

Setups Waiting to Trigger:

Long Setups: None

Short Setups: None

Active Trades:

Long Setups: PSQ, SH

Short Setups: None

Trades/Setups Removed/Closed:

NT=Never Triggered, 1/2=Half position, 1/3=Third position

Long Setups: ADBE

Short Setups: None

Trade Notes:

Trading Notes: Possible that depending on how well today’s weakness holds up that I’ll add a little more short exposure to the portfolio today, but more than likely I am going to be sitting on my hands and let my existing positions do the work for me as both new trades were added late yesterday. I’ll also look to possibly increase the stop-loss at some point today, depending on price action.