SPY ADAPT

Tomorrow we have the JOLTs report the last 3 times led to a green day most likely history will repeat itself. As FOMO starts to set in for investors and swing traders we are looking at a squeeze if tomorrow turns out green. Most likely we gap above 411 and end the week around 417 on Thursday since it’s a short trading week. Now once the FOMO folks get set in that’s when the selling starts for those that have been in for the year so far. Always sell into strength then wait for the others to notice the selling by then your already setup to ride the wave down. As a day trader you have to adapt or die, if you’re a swing trader be careful with going long this week since we are so rallied out. Main thing keep an eye on the dollar DXY all this news about oil and geopolitical tensions might send it on a rally. Some decades we get nothing some weeks we get a decade.
As always trade what’s in front of you good luck