Maybe 180 on the SPY is the bottom for now?

When it is way too easy finding front page pithy pieces that scare you to near tears, perhaps it is yet another good time to take a shot to the upside with VERY CLEAR risk management.

Last week the SPY held 180.  That is the new EJECT point.

This piece:

and this:

made me feel bullish this AM, but with caution after 3 big up-days, and with a disciplined approach to risking a very much predetermined amount of capital.

We start the morning with SPY 193.  As long as we stay above SPY 180, MAYBE the selling is over.  Be careful.


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