No changes from yesterday’s $SPY read.
$SPY 1st support is 174.73, 2nd support is 174.41 and 3rd is 173.32.
$SPY 1st target 175, 2nd is 175.17, 3rd is 175.35, and 4th just for fun is 175.57.
Trade what you see, not what you think.
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Commit these three rules to memory and to your trading:
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#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
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It's 2025 and we have for ourselves a stock market correction. I get that some people are calling it a stock market crash already, but that is certainly pre-mature and short-sighted. Let's call it for what it is right now, and that is a stock market correction. In this podcast episode, Ryan discusses how important it is to be risk managers in our trading and how we can weather the storms of the market and even profit from a stock market correction. This is an incredibly important podcast episode that you won't want to miss!
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