MarWk4 - SPY Market Summary - The SPY closed on a week high, and again, there was nothing significant to trade. Actually there was, but I didn't have the chance to take a good look at it.
If you see the charts above, the market was uncertain all week. There was movement, but the movements were up and down and they weren't indicative of a strong bullish pattern nor bearish movement.
The movement above just shows that it is moving sideways, which means that the risk of a trade going sour is low, if you know what the trade for the week would be, but if you took a wrong decision, it could prove to be costly especially when the trade moves against your decision.
I am sure there is a better trade next week for me. :)
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