June 21
RECAP
SPY
Was looking for a dip into the 9 EMA for a long, previous close test for a short. SPY did test the 9 ema prior to 10 am, but I only got a starter position. In hindsight, the 9 tested perfectly, my plan estimate of where the 9 was premarket was a tad off. Nice green trade into the intraday VWAP and morning pivot point. I did not take the short as I only wanted a test of previous close.
QQQ
Was looking for a long trigger down at the 9 EMA, and a low of day test at 483.43 for the short. The first level of support I had marked worked very well. I did not like the risk into the 9 ema, so I did not take this trade. Short did not quite trigger and time of day was not right either.