Weakness was swift and really came out of nowhere, but it’s fine.

Cash remains a great place to be for the most part as we are most likely to get a major low sometime in October, giving us some time to enjoy life before trading really picks up again.

It is so, so, so important to learn to be able to sit, and wait for the easy setup, and near for sure signal, before getting into stocks heavily.

Patience pays.

SPY broke below 246 with a vengeance and filled the gap at 242.50.

I’m looking for a quickly move up to the 246 area before another swoon possibly down to 238.

Moves are very fast so trading must be as well.

Be careful until we get more clarity.

Let’s make weekends great again!