What a day we hit the 401 as the arrow showed yesterday then sell off after the SIVB Silicon Valley bank went offline, makes it hard to have a bank run when there’s no bank right. The big short Michael Burry says we found our Enron I believe he’s on to something with that. Then the budget comes out from Biden which added more fuel to a fire this dude is going hard on taxes for anyone making over 400k. So what now, there is as they say blood in the streets but is there enough to jump in and take on risk? Tomorrow we have February jobs report pre-market I wouldn’t be surprised of a green day after today’s sharp decline then we stay under 396 until CPI next Tuesday. Keep your mental in check don’t fight the trend thinking it’s gone down it’s gotta go up right, wrong what goes low can go lower what goes high can go higher. Wait for your edge right, don’t force it. Congrats to all the big winners remember todays win means nothing tomorrow it’s a new trade a new market be aware of what you’re doing protect your profits. Remember once you cash out your initial investment it’s a infinite return in money!
As always trade what’s in front you good luck
As always trade what’s in front you good luck
