It's been a very long day trying to analyze the SP move short term.I will exit all long positions when the SP taps anywhere from 2643-2723.Today 3-26-20 the SP high was 2637.01 hopefully I can exit all long SP positions Friday 3 27 20 with an average exit price of 2663-2687.Even with the huge money flow we are going to see coming into the SP I would like to enter in the area of say 2273-2397.I hope and pray the markets can hold this upper level however short term I seriously doubt short term that will happen.Be careful and safe BOL to all.
Tee, I think you're definitely on the right path. In my opinion, the "A" leg is either over tomorrow or Monday. I'm betting tomorrow due to Friday and weekend and Longs have made 15% plus this week. They're going to book their profits and stick the cash in their pockets. I'll be participating, hopefully, at the bottom of the "B" leg sometime next week, although I'm not adverse to limping in a little tomorrow if they getting it going south of the border heavy and kill it into the close.