Surely most here know this cold but here it is for the unfortunate few out of the know... Basically not much upside left, plus it's been a "grind".. like forcing something to go where it didn't want to.. Now that I posted it my shorts are DOOMED! S&P Hourly..
Yeah, I tried playing the long side today, wound up taking .20 profit on spy calls and reversing into puts. This action is shitty if your a bull. Another leg down feels emminent.
I was expecting something more like this. http://www.minyanville.com/assets/catalog/products/00KAT-Dow100YrsMV.jpg Now that's a long term Road Map.
This simple line chart of QQQQ of the past 6 weeks (hourly) is similar. PS: Started buying QQQQ Puts Wednesday and Thursday.