I have never plotted no could I read a candlestick chart. But as they say, wait for the killer candle to short.
To me, it does look like an ES pullback is in the works (a real one, not the blip we just saw). I would expect it be a great buying oppt'y. The breadth in this market is very healthy overall, and I'm expecting a slight deterioration there, to more normal levels.
It can, but valuations are already at historic metrics. I may have a huge drawdown point wise but nothing significant percentage wise of equity.
These are just runners, it keeps me in tune with price action. The best variable is the 2am downdraft.