Overall, the market acted weak today.
The $SPX remained below its eight-day moving average, which is at 3,972. This index came close to touching support at 3,933.
Here are today’s trades:
- I bought $ROKU at 52.28 and sold at 52.62.
- I shorted $SHOP at 38.50 and covered at 38.
I booked one loser:
- I bought $SQ at 63.50 and sold at 61.76.
I have two open positions, an $XOM long and an $SQQQ long.
Fed Chair Jerome Powell speaks tomorrow, so anything goes.
All Star Charts Team