Bot 1st green.
Setup: SPY oversold, had 5 bars heavily down. traded for a bounce.
Where are EMA's:far overhead
EMA's-Direction & details: steeply down & very wide
Time Frame Alignment:mixed daily near highs 206.80-ish seem to be a level.
Volume:yes
Market action-Spy-Sectors-stock: near highs but choppy last 2 weeks
Stop:?
Target:Just traded the price action
R/R:? Are Stop/Target proper:?
Reasons for exits: Exited on bounce weakening
With real money would have traded the SPX option, traded spy here just because the sim prices for spy would be more accurate.
Execution detail:
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