I was out for 2-3 weeks because of the daily demands of my job. It has really taken a toll on me and my trading. I guess it was dumb luck then that I was able to mostly step aside the sell off that has been happening. Today is the first time i took a look at the SPY and I don't really know what to make of it.
There's a lot of trendlines that were broken by this move in the last week of April. My guess is that it will take time for stocks to setup and to trend again (if at all). Maybe I should be looking at short opportunities...but I'm still too scared to play them.
I took a look at the scans today and none look promising. So I'm just going to give this day a pass and not take any positions today.
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