May 29 Plan

Daily Bias Up. I'm getting sucked into thinking we're potentially creating a double top with divergence. But the reality is, the ribbon is bullish AF. And, zooming into the 4 hour chart, we're putting in a HH with HH on on PO. So, all good for upside, though I'd be waiting to react to a clear test of support before actually entering. We've now hit the 786 quarterly level... the odds of reaching +1 just increased which would take us to 610 on SPY, just below ATH of 613.

4H Bias Up. Last Tuesday's supply zone acted as resistance this week, until finally flipping now to support. Along with the 4h 13 and +1 swing level for SPY.

Hourly Bias Up. We've created a HH pivot right at this weeks +1 ATR level. The most previous SL is closer to the MD call trigger and we're currently right in the middle. H48 is currently acting as support along with the prior HH pivot created Tuesday. Losing downward price momentum on the Hourly candles. We're potentially putting in a HL now, though we've only retraced around 60% of the most recent move.

All that to say. Bias is up. I will focus on where support is.

10m plan

10m ribbon is solidly down but we're finding some real support at the H48 and the past weeks resistance turned support level. I will not enter calls in the 10m ribbon. I will not chase puts if the ribbon rejects. My bias is up so I will only consider calls at support. I may consider puts at the 10m21e if there's an M with divergence. I will wait until after a 10m close to make a decision. I will wait some more. I will fully articulate my thesis in accordance with my system as if an amateur is watching me. I will not cave to amateur traps. I will instead wait. I will ignore violent moves. I will laugh at the 'missed' move knowing the actual move will come later.

I will constantly reiterate, are we at support, are we at resistance. By waiting longer than I want, I can enter the bigger move with smaller size and still return bigly.

I'm going to crush the waiting game today.