SPX SPY ES for 6/13/24

Welcome to Valhalla

The full weekly plan and commentary should be reviewed ahead of this post and can be seen HERE.

Not a whole lot to recap other than what was said yesterday and in the weekly plan. The below also should explain why holding runners from yesterday’s long was warranted. Catching a huge move like this can really make an account. Even converting to a partial MES position as a way to take profits from ES can work in these situations. If you didn’t catch the move, we’ll be prepared for the next one as well.

The first 5 parts in my free series explaining some basic profile concepts is now available at www.pharmdcapital.com. Click PharmDCapital This section and other free material will be added to over time. Scroll down to the “Want a Taste” section to read it.

To learn more about how I trade, see the post “What is Trading Doggy Style” Here