Nothings more satisfying than opening your hands and collecting the coins the paranoid bears are dropping
For the first time in at least a year, I am seeing mathematics that lead me to believe something has changed in market dynamics. It is still too early to believe that 1550 based on M7 contract is not easy. However, if ES goes back to 1535ish and fails, I am going short for at least 50 handles. Otherwise long is easy. nitro
Shanghai will have learned their lesson this time and it will really never go down again...it seems America is teaching a lesson in market gluttony that even the Chinese can't compete with.
The Feb move lower was more about the doubling of interest rates in japan than china, a market only open to the chinese.