Blah blah blah. You are a child, seeking a bogey man. You are wetting your pants. For nothing. If you can wipe the bile and spittle from your eyes, your reading comprehension may ("May!") markedly improve. That is all.
So NDX is 20 points below my "this is where you switch to short" level of 2420. You are all welcome...
At the moment, there is no obvious reason to be short. There was an obvious sell on Mar 1, but not an obvious short. I'm wrong sometimes.
well I did point out that retail was heavily short at the last ATH. That's a every morning I wake up and thank the sky fairy he invented stupid people as they pay the bills.
Classic bull market channel since 2009. Downside tests at the channel bottom have been rejected to date. Helps to look at longer duration data. Now we have Yellen confirming the classic Fed response to accelerating equity valuations and modest price inflation. Next Quarterly earnings should be interesting - have buyers gotten just a little ahead of themselves or are they way in front of their skis ?
Except a revenge trade is when you lose on the previous trade which was not the case as my previous short of ES and SPY calls are still profitable.
And ES also dropped over 40 points once you said retail was heavy short with you piker cfd account nonsense