Falling knifes will cost you dearly!!!

A couple of days ago I made a video on the S&P Futures potentially reversing at a trend line.
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It doesn't matter how well your technical analysis is if you don't keep an eye on the news.
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I did not take the trade when the market came down like a falling knife on that trend line because of a few different reasons.
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When you are scalping the market you always have to be aware of impending news, especially big news like the FOMC fund rates which is happening tomorrow and the Amazon earnings which came out today, and then we have Apple on Thursday with their earnings.
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On top of that, it's the end of the month which adds even more volatility to the market.
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So we can make predictions and do our technical analysis, but at the end of the day, news and when we trade trump's all of our technical analysis.
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Stay out of the market when you have a falling knife based on the above.
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Once the market settles down and we've gone past the first of the month, it's party time again.
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Always stay patient and think abundantly.
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*** THIS IS FOR ENTERTAINMENT PURPOSES ONLY AND IT'S NOT MEANT AS PROFESSIONAL ADVICE. I NEVER GIVE INVESTMENT OR FINANCIAL ADVICE. TAKE RESPONSIBILITY FOR YOUR ACTIONS ALWAYS ***