added here- average 6021 first time in a while for me that such a 'long the dip' trade hasn't rewarded me very fast lol Not too scared.....YET!!
Have a feeling all the good news is priced in at these levels. Started building a short position a few days ago.
I need divergence to even consider a long before it gets too late in the session to enter. Even though it hit a level I had 6009 and $TICK double-bottomed.
I'll have to see what Treasuries do tomorrow (CPI+1 day) but right now it looks like they could be breaking out of the range they've been in for a month or so.