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Mixed US data ahead of FOMC meeting: Can we expect first rate cut in September?
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$SPDR S&P 500 ETF (SPY.US)$ Everyone want the SPY to recover...

$SPDR S&P 500 ETF(SPY.US)$ Everyone want the SPY to recover as fast as possible so that the value of the stocks appreciate. But if you don't take profit when it recovered, it will be redundant. Always be contented. You might not earn the most from it, but at least you never waste the opportunity to take profit. Fast recovery of the SPY will also translate to fast downtrend of it. In whichever market you trade stocks, peoples always say buy and keep, but they immediately keep silent when it dropped drastically. If you are good to spot on low price to buy, you must also be good to learn to sell. My own opinion.
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