DailyPlay Positions Outlook:
Markets have taken a turn lower as momentum shifts to the bearish side, the probability of a pullback has increased. Despite this, markets remain above major resistance levels and are neutral rather than outright bearish. If SPY breaks below $300-302 and QQQ below $237-240, that would put the markets in a more bearish tone. For now, we are adjusting our positions to reduce our long exposure as we see limited upside in the markets.
DailyPlay Trades & Performance
New! Track the performance and history of our DailyPlay trades with our new spreadsheet!