S&P Monday was indecision day. Today it decided.
I watched BTC for an indication of direction on S&P. BTC was getting pinched into the middle of it's selloff range. I have a fair amount of shorts on in stocks so I thought it would be a good idea to try a long in BTC at 114,600 to help keep it balanced. I didn't have an number for the stop on BTC. All I wrote was 'tight'. Meaning it can't drop at all. It did.
S&P Friday had a selloff. Yesterday was a reflex rebound, what ever you want to call it. The market was a tight range all day, it was deciding what to do. Today it's selling off more. I have no way to know if the market will go up or down in the future, or when and by how much. I watch the price action and go with that until it changes. It hasn't changed yet.
Good luck
Posted Oct 14, 2025, 12:54 PM UTC