NOT A PREDICTION, just an update on the lines I'm using to mentally f*ck myself. "It's up, no it's down, no it's ... gone."
For what it's worth, my weekly trading model gives an 84 % chance of a new low tomorrow in RTH. The odds of a lower close is still decent at 58 %. Now, we can print a new low and still rally off that, so who knows? I'm just hypothesizing that going red for the year on SPX today holds some significance. NDX down 2 % or something for the year. If I had a lot of money to invest I'm not sure I'd want to invest it in the United States of Trump right now. Maybe investors are finally waking up. I feel like market tops take time to carve out.
I would have to borrow them from one of my ex wives, I was forbidden from using them without explicit permission.
Took a while to pan out. Definitely wasn't expecting the third runup to all-time highs. Great way to end the month, though. Heading out on a camping trip tomorrow to celebrate.
I can't believe how warm it is already. This summer is going to be brutal. Headed just out of town to Lost Dutchman State Park. I managed to snag a last-minute cancellation for Friday through Monday. Usually, it's booked out for months. https://azstateparks.com/lost-dutchman