Situation: SPY, DIA, QQQ, all have Scenario 3 shooters on the week. We are looking for more downside action if they go in force.
Mission: Create winning positions, add to them, and defend them with tight stops.
Execution: talk to Rob and JJ they will keep you out of trouble. The Fed and the President will be talking this week about inflation. Be prepared for choppy action. There have been a lot of scenario 3s when these events happen.
To be Determined (TBD), will update later today.