Q3 will fly, Q2 will be mild, page-27

You can easily find the post when I sold at the time. I would have looked really clever if I bought at 26c. I was always eyeing up the gap fill (and you can certainly find the post where I warned about that, was told by some day trader I didn’t know anything about anything ) but when it came to pass, I had my cash tied up in BPT. Which, FYI, I held for years, sold at >$2.20 in Oct, bought straight back at $1.29 in Dec and sold again >$1.80 last week, hence I’m in a position to buy my SXY back. You can find the posts on BPT. Yep, quite please with that outcome though I say so myself.
SXY not necessarily ST bullish and in fact today the PSAR flipped back to Sell, so plenty of time to build a position and I will add more if opportunity presents itself. There is of course a new gap below I would be wary of. However, the 20/50DMA are now Golden Crossing, so momentum is generally up. A break of 34.5c will be required for an up trend to really take shape and 39c will be next target, then 49c: