Reviewing my Trading Idea / Game Setting last 4 days I am not satisfied with last three ones. I failed to catch the bounces of Nov 10 & 11 and lost the chances to join bears camp yesterday. I even made a mistake to buy on dips yesterday.
Seems SPX is still in range trading for a while. Prices are limited by the slants of the pennant/triangles. Because the range is becoming narrower and narrower, I think bear safely counts to 2 to close their positions and waits to see what gonna happen the third day to decide.
My Game Setting Today: If markets go red
Cautious Bear: Closes the shorts they opened yesterday.
Aggressive Bear: Adds intraday shorts.
Cautious Bull: Waits to see if confirmed green tomorrow.
Aggressive Bull: Buys at the intraday bounce from the lower slant.
10:35 AM
We may see some things different today: US markets gonna drag (I wanted to say: advance) Europe ones.
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