1 % down is not uncommon on TWD. That's 5490. The perma-bull in me says no f**king way. LOL. If we dip below 5525 - it could happen. Guess that would make a lot of calls expire worthless. Lots of stuff going on today, though, so it's hard to predict. Short bias in effect for the day.
Reduce risk to breakeven at 35. Putting in a limit buy at 5510 and doing something else for a while, but watching with half an eye. Could be we have the LOD already and settle in the 5519-5550 range, but seemed a bit premature. EDIT: Give it 1.5 points at 36.50.
Shorting this market feels like David versus Goliath. LOL. I'm always on edge whenever I'm shorting this. Usually calm and collected when long even if it's a poor entry. Always a bid in this freaking market.
Stopped! Price action feels like somebody wants to bring this market down today, but it's just impossible. Giving it one last shot. Shorted 35 again. 4 point stop.