Weekend Review.
SPOT, GENI look okay but the ark universe looks risky right now. There is a collapse potential for a shakeout retrace to the previous multiweek low.
OTH it could rally from here. Although some could figure out a R:R ratio that makes sense, I would say better scenarios will come through later, either on a pull back with a mini climax, or a break out for momentum-> overshoot, or breakout and pull back.
Will attempt an exit on SQ near BE for a small profit and go 100% flat.
If the market seems it goes like this for the next few months, (Breakout, retrace, consolidate), then I will adjust tactics to taking overshoots and quicker profits. This next week or so will probably be a good indicator with the reaction to earning, regardless of the actual earnings.
