The End of a Good Week

I remain 100% short the market right now (about 30 shorts and puts) and am fairly satisfied with my positions.

This morning I had a knot in my stomach as I saw the jobs report (and the reaction on the GLOBEX) since it was clear the market was going to spike higher. It did, and of course every single position got nailed.

What I found to be a huge relief though - and the magic of trendlines never fails to amaze me - is that the $SPX shot up toward the underbelly of the trendline it had broken earlier in the week, and it did not cross above it.