I look at the chart and see downturn Thursday, hit upper trend line to short on reduction of volume, thought it was no brainer. Automation went short, we will see I suppose.
Nothing could be finer than to wake up late, the automation is running and you see a reversal on the screen, well time to pack it in and go to starbucks for my Oatmeal and coffee and study risk management, correct some charts and develop an idea I had on different kind of risk management. Strength of trendlines, I like starting a trendline from Pivot high/low that is min 2 days old and pivot I draw to has to be 24 hours or older, this eliminates for me false signals.
I go there 1-2 times a day for their regular coffee, once in awhile coconut milk coffee low in calories. I drink huge amount of coffee each day, 2 pots at home and 4-5 tumblers at bucks. I have a disease where one side effort is fatigue.
Tomorrow's early forecast. Comments, complaints, ridicule welcomed... http://cheatwallstreet.com/2017/12/05/early-es-emini-forecast-for-12-06-17/