source avatarTraderJonesy

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A lot of people have asked me where the good ol’ fashioned probabilities stand right now. Keep in mind, with a mechanical short squeeze in effect, it can and will and does throw these out the window and can most certainly be that 15-30% of the time the system fails. But as of right now… probabilities do favor downside. There is a 70% probability that the #SP500 tags 685 by Thursday. There is a 85% probability that the #SP500 tags 685 by Friday. I am going to trade it with small size. Keep in mind high risk. Best move is to try a long s pullback at 685 if you ask me. But that’s where the short term probabilities stand at the moment. Keep positions less than 6% of portfolio. Trading to those can be high risk due to the unique markets conditions at the moment. SMALL SIZE. NFA THANK YOU FOR YOUR ATTENTION TO THIS MATTER! — TJ #SP500 #SPY #QQQ #TSLA #PLTR #NVDA #AAPL #Bitcoin #Crypto #stockmarket

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