04/14/2021 Recap - members only

The day was relatively strong (small caps) until a few minutes ago.
Then the things fell off a cliff. The knee-jerk feedback I got from members was shock.
Luckily, we have our morning 4 lines to guide us.
For the last few days my message has been that "it's okay to revisit the base."
This is a mini dip and should cause anxiety?
We need a reality check. RED HAPPENS especially when
SPY only -.3% and IWM +1.2% (yes +).
- Here is a visual reminder of the SPY chart
- Here is a visual reminder of the Friday forecast
There is nothing new to see, just normal price action.

Posted to Create Income with Options … on Apr 14, 2021 — 2:04 PM

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