This content is restricted to CTU members
Today we look at SPY on the 2 minute chart. Clay leaves it open to interpretation in the sense that members can choose to setup either a long or short trade. After everyone answers with their plans, we scroll the chart forward. We see the chart initially rolls over before changing directions and heading back up. This is a classic example of even though the short side trade looked quite appealing, not all trades work out. That’s how trading goes sometimes.
We finish up the rest of the webinar doing top down analysis starting with TSLA.