Fed Day

Per the earlier tweet, I am not doing anything today and will hold the long position regardless of a new low or not. My plan is that so long as that low holds per the post yesterday I will remain long. If that low breaks, I am going to look to clear out longs on any bounce and resell the 21 EMA area.  The reason for this is I am staying present and presently we do not have a channel or a key pivot break (with SPY being an exception). Until we do, I am not going to assume the break. If we do get a break, I am selling the next touch of the 21 EMA and clearing out longs. Here is the chart: There is always a bull path and a bear path. We cannot know which path our future will take. As always, do your own due diligence, read the disclaimer, and make your own investment decisions. Peace, Om, SoulJester