Hot Damn, What a Morning
The market made its move in the first three minutes today. SPY opened around 739 and flushed. Right off the bell, no warning, just straight down. The PCE number ran hot, a three-year high, and the sellers were gone before most people even had their charts up. Hot damn, what a morning. And here is the best part. We were ready for it. You know how I trade. I do not sit and stare at a screen all day waiting and praying. I find the zone before the open, I mark the level, and then I wait for the market to come to me. Enter the zone, buy the zone, sell the zone. That is the whole thing, love. When SPY broke down through our level this morning, that was the green light, and the put was on. Then I just let it work. And oh my god, did it