Maybe, but but sideways shop brings in time erosion and a potential for higher prices, but I am seeing weakness coming in now, temporary of course, all temporary.
Pure chart work over the holiday. No intuition involved on this call. Atm I would appear wrong however.
70 points es and 21 points nq today. went to a hospital mobile site to take a pcr test in the early afternoon. the queue was so long and lot of pre-k kids with running nose with a parent, not sure it is normal flu or covid, want to get a test anyway. this new wave is serious. bought 1 ES Feb 4770 put and 5 VIX June 25 calls on my way back, expect for some bad news to come.
beautiful morning to short, 131 points and done. still not enough skill to catch the falling knife, just don't know when the dip buyers will come in, better take the profit and walk away for now.