SPX S&P 500

$SPY $SPX Weekly Chart

I’ve been trading SPY, AAPL and BAC pretty much exclusively (a couple penny stocks don’t count). Speaking of SPY/SPX, I’m getting worried about the long side here, it’s pretty overbought with some divergences. This sideways grind is exciting in a way. I’m very curious to see how it plays out!

Thankfully, it’s gotten to the point where if I see no clear opportunity, I don’t trade and don’t watch the charts too closely during the day. That’s why it’s not as boring as it could have been. I remember previous sideways moves would drive me completely nuts. Experience (burns, *sigh*) and discipline, getting there.

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