It was a steady decline most of the day.
We hit resistance on the indices, and they all reversed.
Here are today’s trades:
- I shorted $LLY at 554.30 and covered at 553.30.
- I bought $MMM at 99.95 and sold at 100.48.
- I shorted $LULU at 369.50 and covered at 369.
I also called out an $NVDA long setup at 485 for a bounce to 490, then I called out a short below 480 to 475.
I have open long positions in $VXX and $TGT and open short positions in $QQQ, $KLAC, and $NFLX.
Have a great evening. Look for the Morning Briefing on Friday.
All Star Charts Team