Heading back to accompany the kitten. That’s about it for tonight. Key levels above: 601, 605-608. Potential support below: 596-595. If a retrace to 595 holds without breaking, and you have no position, you can open one. But since it’s diverging from the previous low by over 1000 points, this position should be light—only half of your normal position size (e.g., if you usually open 100u at 10x, then this time it’s 50u at 10x). And be prepared to scale in gradually—for example, if it retraces to around 585, add about 1/3 to this position (if you bought 100, add 30).

A rally is nice because it gives you a breather and finally pushes back above the old bullish trendline. These two candles also have volume, but this is based on no ETF outflows tonight. What happens next? Nobody knows.

If your position is heavy and your entry wasn’t great, and you have some profit now, remember to reduce some size. Going full margin against a pullback hurts and isn’t rational.

Accepting selling too early and missing out is the first lesson of trading entry.

Goodnight… hope I wake up to no surprises. 😂