{"id":4843,"date":"2010-05-11T16:51:21","date_gmt":"2010-05-11T20:51:21","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=4843"},"modified":"2021-02-11T16:01:29","modified_gmt":"2021-02-11T21:01:29","slug":"where-are-we-going","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going","title":{"rendered":"Where Are You Going?"},"content":{"rendered":"<blockquote><p>Where are you going?<br \/>\nWhere do you go?<\/p>\n<p>Are you looking for answers to questions under the stars<br \/>\nIf along the way, you are growing weary<br \/>\nYou can rest with me until a brighter day, and you\u2019re ok<\/p>\n<p>Dave Matthews Band, <em>Where Are You Going? <\/em><\/p><\/blockquote>\n<p>Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. \u00a0Yes it spent some time above and below, but then reverted to the mean. \u00a0Today we had more of the same. \u00a0 Two trading days of\u00a0unfulfilled\u00a0anticipation. \u00a0The whole thing is like going to a bar with a bunch of your drinking buddies hoping to &#8220;score&#8221; and heading home with only those same buddies.<\/p>\n<p>&nbsp;<\/p>\n<p>Yes we gapped below this important range on the open and then rallied above. \u00a0But we finished right inside this new market sweet spot. \u00a0 Having said all of that Gold (GLD, AEM, GG, ABX, NEM) offered some fun times for our intraday traders, broke out and is worth our continued attention.<\/p>\n<p>But after this second trading day after the ECB intervention, I ask to Mother Market: Where are you going?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Where are you going? Where do you go? Are you looking for answers to questions under the stars If along the way, you are growing weary You can rest with me until a brighter day, and you\u2019re ok Dave Matthews Band, Where Are You Going? Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. \u00a0Yes it spent some &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[965,964,30,50,18,170],"class_list":["post-4843","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-confused","tag-market-direction","tag-prop-trading","tag-proprietary-trading","tag-smb-capital","tag-spy","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Where Are You Going? | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Where Are You Going? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Where are you going? Where do you go? Are you looking for answers to questions under the stars If along the way, you are growing weary You can rest with me until a brighter day, and you\u2019re ok Dave Matthews Band, Where Are You Going? Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. \u00a0Yes it spent some ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2010-05-11T20:51:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-11T21:01:29+00:00\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Where Are You Going?\",\"datePublished\":\"2010-05-11T20:51:21+00:00\",\"dateModified\":\"2021-02-11T21:01:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\"},\"wordCount\":186,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"keywords\":[\"confused\",\"market direction\",\"prop trading\",\"proprietary trading\",\"smb capital\",\"SPY\"],\"articleSection\":[\"Mike Bellafiore's (Bella's) Blogs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\",\"name\":\"Where Are You Going? | SMB Training\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\"},\"datePublished\":\"2010-05-11T20:51:21+00:00\",\"dateModified\":\"2021-02-11T21:01:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.smbtraining.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Where Are You Going?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#website\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"name\":\"SMB Training Blog\",\"description\":\"Lessons from the trading desk\",\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\",\"name\":\"SMB Training\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"contentUrl\":\"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png\",\"width\":230,\"height\":81,\"caption\":\"SMB Training\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/smbcap\/\",\"https:\/\/x.com\/smbcapital\",\"https:\/\/www.youtube.com\/user\/smbcapital\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\",\"name\":\"Bella\",\"description\":\"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.\",\"sameAs\":[\"https:\/\/www.smbtraining.com\/blog\/bellas-blog\"],\"url\":\"https:\/\/www.smbtraining.com\/blog\/author\/bella\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Where Are You Going? | SMB Training","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going","og_locale":"en_US","og_type":"article","og_title":"Where Are You Going? | SMB Training","og_description":"Where are you going? Where do you go? Are you looking for answers to questions under the stars If along the way, you are growing weary You can rest with me until a brighter day, and you\u2019re ok Dave Matthews Band, Where Are You Going? Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. \u00a0Yes it spent some ... Read More","og_url":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going","og_site_name":"SMB Training Blog","article_publisher":"https:\/\/www.facebook.com\/smbcap\/","article_published_time":"2010-05-11T20:51:21+00:00","article_modified_time":"2021-02-11T21:01:29+00:00","author":"Bella","twitter_card":"summary_large_image","twitter_creator":"@smbcapital","twitter_site":"@smbcapital","twitter_misc":{"Written by":"Bella","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#article","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going"},"author":{"name":"Bella","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161"},"headline":"Where Are You Going?","datePublished":"2010-05-11T20:51:21+00:00","dateModified":"2021-02-11T21:01:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going"},"wordCount":186,"commentCount":0,"publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"keywords":["confused","market direction","prop trading","proprietary trading","smb capital","SPY"],"articleSection":["Mike Bellafiore's (Bella's) Blogs"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.smbtraining.com\/blog\/where-are-we-going#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going","url":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going","name":"Where Are You Going? | SMB Training","isPartOf":{"@id":"https:\/\/www.smbtraining.com\/blog\/#website"},"datePublished":"2010-05-11T20:51:21+00:00","dateModified":"2021-02-11T21:01:29+00:00","breadcrumb":{"@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.smbtraining.com\/blog\/where-are-we-going"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.smbtraining.com\/blog\/where-are-we-going#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.smbtraining.com\/blog"},{"@type":"ListItem","position":2,"name":"Where Are You Going?"}]},{"@type":"WebSite","@id":"https:\/\/www.smbtraining.com\/blog\/#website","url":"https:\/\/www.smbtraining.com\/blog\/","name":"SMB Training Blog","description":"Lessons from the trading desk","publisher":{"@id":"https:\/\/www.smbtraining.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.smbtraining.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.smbtraining.com\/blog\/#organization","name":"SMB Training","url":"https:\/\/www.smbtraining.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","contentUrl":"https:\/\/www.smbtraining.com\/blog\/wp-content\/uploads\/2022\/07\/Logo-e1658419502954.png","width":230,"height":81,"caption":"SMB Training"},"image":{"@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/smbcap\/","https:\/\/x.com\/smbcapital","https:\/\/www.youtube.com\/user\/smbcapital"]},{"@type":"Person","@id":"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161","name":"Bella","description":"Mike Bellafiore is a co-founder of SMB Capital, a day trading firm which takes great pride in its exceptional training program. SMB Capital is an equity prop trading desk that trades on 5th Avenue in New York City. Mr. Bellafiore is a graduate of the University of Connecticut School of Law. He has traded professionally for more than a decade.","sameAs":["https:\/\/www.smbtraining.com\/blog\/bellas-blog"],"url":"https:\/\/www.smbtraining.com\/blog\/author\/bella"}]}},"_links":{"self":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/4843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/users\/144"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/comments?post=4843"}],"version-history":[{"count":1,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/4843\/revisions"}],"predecessor-version":[{"id":50520,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/posts\/4843\/revisions\/50520"}],"wp:attachment":[{"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/media?parent=4843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/categories?post=4843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smbtraining.com\/blog\/wp-json\/wp\/v2\/tags?post=4843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}