12/3/25 Recap

The SPY continues to flag over the 8 ema as the moving averages catch up. We sold this morning on a surprising jobs print, but as usual, it was bought up. Bulls really need this to get over 684.96 from the 11/12 high to invalidate this series of lower highs. Bears want to see this lose the 21 ema just below, but overall until either side takes out one of these levels, it is just a chop zone with no definitive direction. Even more incredible is look how perfect this move down was, we got a massive bearish engulfing candle 8 sessions back that stopped right at the 100 day. That was the recent bottom and we’ve been up 7 of 8 sessions since.

My Open Book

Trades I Made Today

I know I said I was done for the year but the addict lives in me and I saw a couple opportunities I had to attack today, but overall I am not looking to do much into year end just these few and here’s why