I had this whole post already prepped for today.
It was about patience, waiting for things to move, and holding what you have.
Then today happened.
In a way, I should’ve known – it’s the standard weekly cycle while the markets decide what they’re doing.
I noticed this a while ago, but I don’t think I mentioned it.
I’m not saying it’s a rule or anything, just a trend I saw while we’ve been swinging back and forth between defined tops and bottoms.
- Monday and Tuesday go slow, not moving too much, with a slow build.
- Wednesday peaks and/or pumps.
- Thursday maintains, then starts into the end of the week.
- Friday either stays up (if things are good, like last week) or slides back down a ways, closer to the prices at the start of the week.
The weekend is always demented and impossible to predict.
Based on my assumptions, I sold my “up” half of the dual investment for the usual ~1% profit today (at roughly $2,408).
The other half’s set up at $2,300 in case there’s a sudden drop.
And now I’ll wait for tomorrow and Friday, to see if prices are staying up or dropping.
If they stay high, I’ll grab another “up” – probably late on Friday or over the weekend – somewhere a little above the 1st support point.
If they drop, I’ll take that “up” a bit lower.
And I’ll check where the 2nd and 3rd supports are for the “down” part, to catch a potential drop.
It makes sense to me, at least! 😆
Did you catch the pump today? Where do you think we’ll go from here? Talk to me!
