Another metric is the 200 day Bears live below it Bulls live above it The longer we stay under the more bullish I become My spx range continues to be 2540-2800 on a longer time frame so any shorts taken here are risky if you plan to hold longer term
I don't find much interest in other people's P&L, but if @destriero insists on posting, he should post his statement from last Friday when he made his now infamous 'Minimum 2725' call. Still 125 points below and counting...
Spot on, man! When you can make money from both sides of the plate like these last few months... who cares if it`s a Bull or Bear.... My favorite market is a Volatility induced market!
December is one of , if not the most bullish month of the year... I started leaning long recently, last 2 weeks, for the traditional Christmas rally... If Bullys can`t rally this bloated piggy in Dec, They are toast come 2019! Bear Flag on daily was the Real Deal! Can`t wait to slide on my shorts again on a position basis.
It's been quite a while since I've posted anything. The 50 day SPX SMA has passed below the 200 day SMA about a week ago. This doesn't happen often. When it does, it's hard for me to think in bullish terms.