Trading Journal 08:51 am: Futures slightly red premarket ahead Powell speech. Everyone waiting for 10am to hear more on whats next move from FED, so staying open minded for any…

Trading Journal 08:44 am: Futures green to start the day giving a nice follow through to our plan on bounce from Monday lows. Traders should look to trim some profits…

Trading Journal 08:40 am: Futures are basically flat-to-green to start the day as we hit oversold conditions on Monday and now the market is clearing those oversold readings. A bounce…

Trading Journal 08:38 am: Futures flat to start the day after overnight bounce to clear yesterday’s oversold conditions. Breadth hit very oversold readings yesterday, so a bounce is healthy. This…

Trading Journal 08:47 am: Futures are red giving a nice follow through to last week’s top. On last Tuesday (Aug.16, 2022) at 2:36pm, I said on Discord: “short term top”…

Trading Journal 08:49am: Futures red to start the last day of the week and about $2 Trillion options will expire today so most of the long gamma will be gone….

Trading Journal Futures are green to start the day giving a nice oversold bounce vs yesterday lows when some names bounce vs EMA8. AAPL finally showing some relative weakness premarket…

Trading Journal Day started red, giving a nice follow through continuation to our yesterday 2:30pm IWM short. Now we see the size of the pullback. First EMA is still lower…

Trading Journal Day started small red with SP500 and Nasdaq down 0.20% to clear overbought conditions. Overbought can remain overbought but tomorrow we are going to have FED minutes so…