These are my trading goals for the week.
Fear sentiment
It can be difficult to sort out the message through all the noise. Last week, Trump’s comment about a new set of tariffs for China sent the market into a frenzy. In addition, Amazon’s servers’ outage impacted some traders.
We are indeed in a time of volatility.
Today, on the average chart, we are witnessing a spinning top. This spinning top is sitting right on the 200-day SMA and 50-day SMA. The 9-day SMA is matching the 21-day SMA.
Caution is a good thought to keep in mind this week.
Weekly total is 35 dollars
| Date | Day | BOD | Goal % | Goal $ | EOD |
|---|---|---|---|---|---|
| 10/20 | Monday | 657 | 1% | 7 | 663 |
| 10/21 | Tuesday | 663 | 1% | 7 | 670 |
| 10/22 | Wednesday | 670 | 1% | 7 | 677 |
| 10/23 | Thursday | 677 | 1% | 7 | 684 |
| 10/24 | Friday | 684 | 1% | 7 | 690 |