What I don't understand is why someone would CHOOSE to continually roll a futures position quarterly since 2009? There are many other ways to achieve the same, including far-dated futures, or Spy, or...
Just more b.s. from this clown. He had a "position short" thru most of 2016. Of course, that might be the trade that turned him into a guy who is too scared to ever short the market.
Bull flags are in vogue until lows are breached, then there are other patterns that can be looked at. This massive bull flag is ready to explode upwards. Recent low is 2632 cash. Once that is broken, then bull flag no longer exists and one must look at other patterns indicating continuation or reversal.
I never understood this: If you are so efficient and profitable at daytrading, what the hell are you doing holding an under leveraged and often times losing position? What is the point of it?