6/10/25 Recap

The SPY continues to rise even withe headlines that just passed that we finished negotiating with China and no deal was made. For the time being this is just a slow grind higher as we haven’t closed below even the 8 ema in 11 sessions. Tomorrow morning CPI will be big for us this week, if you want to take some positions/leverage off into that it would be wise because you never know what those readouts bring. There really isn’t much to say here other than you press it when we’re in an uptrend like this and you just rip the cord and cut back when we start to lose some of these big moving averages.

My Open Book