9/6 Markets aren't done

Don't overcommit yet, more turbulence ahead

Index

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

Forward

When I wrote yesterday’s daily, I didn’t commit to any plays at the time of writing as the market was still evolving, but if you stuck along with the chat, we were able to identify a 246p target on TSLA and a 210p off BA this morning.

246 was perfectly ticked, as well as good enough rotation to 216 where we called it.

I think chop is the hardest thing to write to in markets, especially when you expect it. I think its even harder for novices to be able to fully wrap their minds around the versality and duality of thinking that markets require. Trading and why I love it so much is because it is the ultimate test of who you are and whether you are able to master yourself and master the world around you.

But your readers can often only envision what the limitations of their imagination are. I expected mid 440’s on SPY, we sit on 445 at time of writing. Its as mid as you can be.

The funny thing about trading is, the more you do it, the more you should come to an understanding and self-awareness of yourself. How fickle life is, how important community and responsibility are. That sometimes in taking a journey, you realize it’s not so much about getting there, but about how much you can challenge yourself to grow along the way.

Life has been very long for me, not every day has come easy. I can begin to feel it catching up in my wiz bones, every fight I have fought, everything I have grinded for. As someone who has lived though, I can tell you, keep going. It’s not too shabby over here where I am at. The sun has become very kind to me, and my mind kinder to itself. The air feels better and smells sweet at sunsets. Water is perhaps the best thing I have ever tasted. I know only 2 things as well, there is much I don’t know, but I will try my best to learn it, and my love for Gwen, my family, and all of you in this tribe are what gives me strength to try to return and do good each day.

I hope the days find you well tribe, I hope you are gifted with a smile reading this, I hope you know that you are not really ever alone, because I will be with you on this journey.

I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.

VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)

STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)

If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.

Reflection

Success will find you, but your battles never diminish.