9:00 AM
The oversea market is sold off. China market down another 7%. Today's future market was lower, and now is improving. I believe a re-test to 50% retrace level is for sure. So just wait for a few minutes after the open for the uptrend to finish, then long puts on spy. There will be at a certain point, the low will show, by then, cover all the put positions, and leave short positions. If any strong can be felt, add long QLD positions.
2:25 PM
The market made a temp bottom and went up. I missed the obvious double bottom and had to hold all the short positions. There are a couple of reasons, but the major one was that I didn't pay too much attention on the double bottom and had a preemptive assumption/line/level, which is totally wrong.
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