February 13, 2024
Good morning. Today, we are faced with a different open but this is truly welcomed. Do not get caught with the day to day swings and trying to chase price action. Welcome this open and utilize it to add opportunity! Nothing has changed. Please keep that in mind.
We do have a few updates for the open:
STNE stop adjusted to 16.50
That is it. Everything else remains and be ready today for further updates and new opportunities. This gap down on the CPI number only helps the longer term picture. The key level we are looking at will be 424 area for the Q's. 4970 will be a monster area on S&P and we will see how strong buyers truly are. If we do not bounce at that level, we could drip below and slice towards 4950 for our next level. These are the area of improtance to us. Silence the noise, get ready to act on opportunity over the next few sessions.
