You are up early & alert, but keep in mind you can shoot yourself in the foot (and have in the past) trying to watch too much, & too eager to take action just because you were ‘prepared’. Stay small. This month is the month of small consistency. Finish it on that note.
SPY looks primed for downside & is hovering premarket near daily level of 423. This could be a decent area to trade off. Stay small. You can add if things move in your favor but stay small.
FB also looks weak premarket.
NEE looks like bear flag on daily & could be ready for more downside.
Made a solid opening play on V, made decent short play on SPY, price action did not have the immediate continuation I prefer, but I was on the right side of the sentiment. Made a decent play on FB, again, price action was choppier than I prefer, but was on the right side of sentiment and got out at level. Currently in CVX short based off what I perceive to be large area of open air below 156 level. Price is deliberating but I’m in very small (3 shares) this is more to test my analysis. & as I’m writing this the price is following through in my favor. Awesome.
Seems like adhering to the loose tenet that’s been percolating in me of ‘If by some act of god you’re lucky enough to be in profit, take it, or at the very least take some size off the trade)