$SPX Trade on Apr 21, 2022 10:56 from ricky_trades: Tradervue User Stock Trades.

2 winners 1 loss. let the loss run tooo far!!!
ugh

heres my notes:

4/21/22 trades

market is green today at open
approached alot of resistance areas across board

powell is speaking at 11am and 1pm

TSLA earnings were great up about 100 pts overnight into the morning session.
tsla brough the market up basically.

9:45 am- market currently holding up but indecisive as to where it wants to go being most stocks are at supply zones right now

potenial bullflags forming

spx levels

4500
4510
4520
4530
4546 huge
4550

spx trade #1
we are currentlyy in gap fill territory
however we are at a demand zone
do not show any buyers at the lower levels on bookmap
powell set to speak at 11 am
vix was holding up but at my entry it died down
we retested a key area of 4490 supply and rejected

we are at a demand and forming an ascending triangle despite being at a gap fill area also we have a bear flag

4 things that lined up:
-bear flag
-gap fill territory
-downward trend
-no buyers present on bookmap

trade#2

spx
got in at the bottom of the sell off demand area
sellers are offloading here
bad entry should have waited for 4450 area
i got in a little before
i should have waited for a trend reversal
the news with yellen is causing a sell off
the feds are speaking today
the buyers are being eaten up with sellers

demand area
key area 4450
sellers needs to offload
not enough buying pressure
sellers were in control today

today was an example to review market and see when feds speak what direction

i did not set a stop
it appears that the fed are raising rates

nice huge bounce at 4425 on spx

got out for a loss was down about 90%
need to start setting hard stops and letting go of always trying to be right.

buyers are weak today

no real confirmation of a reversal

trade#3

got in we kept selling 4400 key area
no buyers stepped up
the price action was continuing down
not a buyer in site
heavy selling pressure and we just continued down.