Sold out of 1/2 my SOXL today around $26.... It's had an incredible run off its lows of around $16....started to buy SOXS once again.
More shorts es at 2028,2026,2024 and pending shorts at 2030,2040,2045. Lets see what happens next week.
You are not gay? Well, you are troll who spends hours, days and weeks fawning over every word our men produce in this thread...if that's not a poofdah I don't know what is. And yes, I do take the hammer whenever I see a screw loose or a nutwing out of turn.. again, 9 seems to be your number..so enjoy
ES still holding 2020 without any problem. Dollar looking like it found support and slowing trending higher. Dollar and oil finding support seem to have more to do with SPX rally than anything else. DX and CL have complex relationship with SPX right now. Both of them falling quite a lot did not seem allow much upward SPX movement. Don't know if either DX or CL will hold any higher levels long-term though. Seems that the recent DX moves are already providing another good short opportunity. Low DX may provide higher US earnings next quarter but lower crude with its resulting lower oil industry earnings growth probably will off-set any DX related gains. Not any easy market to gauge. SPX holding supports and higher levels seem based solely on easy Fed policies and the resulting risk off tendency along with the hope that crude will holds supports. Regardless...ever since factors became clear regarding easy Fed policy, every down move in the SPX has been aggressively bought and most recently, no sellers can be found....allowing for aggressive moves upward undeterred. To summarize....rally has held supports, aggressively moved higher and seems definitely to have legs.