Mid Week Update - 2/19/25

Market trying desperately to pull away / Meme decision!

Disclaimer:

I am not a financial advisor nor do I provide any financial advice of any kind. Any information I share is for educational purposes only and should not be taken as professional financial guidance.

Below you will see summary of my SPY levels to trade if you are short on time! I highly recommend viewing the videos to hear the nuances in my trading plan!

1. SPY broke $613 today but couldn’t hold yet we still closed at ATHS. There is nothing bearish about this market, but I will say I am a little concerned at the effort bulls are putting in here.

2. After OPEX it can get dangerous IF market still hasn’t given a clear cut signal its short term ready to move into a new leg up

3. IMO, no shorting unless 609 breaks

4. GME AMC are starting to be in an area of decision

5. I have a protective short hedge into next week, 2/28 I am thinking the market should want to at least retrace a bit after the effort from longs here, but I could be wrong

Here is the Chart Below!