yea ...its just too high. Upside potential seems very limited whereas downside has high conviction..at least for some profit taking down moves I thought london would take it up to 2020 easy...at 2010 it got very hesitant and by 2012 I had my finger on the mouse...was lucky to get anything above 2012...since then it just got weaker and weaker visaria was trading london session to on this thread
Short at 2012 was a no brainer from a pure risk:reward standpoint, dont know why i didnt take it only had to risk 2 points to possibly make 20. You can be wrong an awful lot if you only take setups with that kind of R:R.
well its the open and that alone can get whipsawed enough to pass on the trade now we are in clear profit taking
Yeah still got to be a little careful on the short side here though the market loves to go just through the days lows to fuck everyone then reverse.
some late runners to the party holding things up. aapl decided to catch up from yesterdays hesitation and biotechs which were a bit hesitant yesterday are running biotechs pulling up the nasdaq apple pulling up the Dow spx staying with them