Tic Toc Daily Plan 1/11
Bids are here...
What a day! If you had come prepared , if you had knowledge and levels and context, you did not get whipsawed today.
Personally for me I was bearish coming into the session. Having prepared my weekly research and shared it with the followers, I was expecting either sellers to emerge at 4689/4693 or show up on a break of 4660.
Globex night, the sellers did show up at 4680 and the sell intensified overnight after 4660 broke. When I woke up Emini was trading around 4630 and that is when I sent this tweet to my followers. Right after I sent this, S&P500 dropped another 60 points or so to trade around 4570. This did not happen overnight, the softness has been brewing for many days now and thanks to the tape, we remained on right side of the volatility all this month so far!
A. Other stuff that worked today was (click on links to read the posts) :
My bearish bias for ARKK, PYPL, TSLA : SPOTLIGHT ON ARKK, PYPL etc