Founder's Trading Journal Interim Update – 9/30/2022 by AF Thornton Sep 30, 2022 0 Comment Good Morning:As indicated in previous posts, today is the last day of the month and calendar quarter. It is also a weekly and quarterly expiration.We come into today neutral and in cash on all strategies, yet on high alert for a short covering rally to develop soon.There is strong support at the 3600 Put Wall, which may hold us today. But resistance comes in at the 5-day line at 3685, which needs to be conquered for a good pop higher.If anything, I would be more likely to wait for the close to do anything, and then, wouldn’t it be fun to hold over the weekend?As always, stay tuned.A.F. Thornton
Related Posts Founder's Trading Journal Accounts Founder's Trading Journal Pigs Get Fat – Hogs Get Slaughtered Founder's Trading Journal Reducing Positions Founder's Trading Journal Mixed Signals / Taking Profits Founder's Trading Journal Sell When You Can – Not When You Must! Founder's Trading Journal Onward. Upward, or Look out Below… Founder's Trading Journal New All Time Highs and Then? Founder's Trading Journal Sputtering Near the Channel Top… Founder's Trading Journal The CP Lie Inflation Report is Out – Sell the News? Founder's Trading Journal Raising Stops to Lock in Profits
AF Thornton Website: https://tradingarchimedes.com A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.