Time to short the market...

For direction only:
EEM(p) IYT(p) CMCSA(c) MMM(p) TGT(p) UNP(p) WBA(c) WM(p)

 

Let's see what happens around 3450 - 3500 on the ES.

 

SPX looks like setting up for a run at 3500

 

Weren't you bearish earlier this week? Just wondering what changed your stance.

 

i've been waiting for a drop for months. 7-day inverse SQQQ looks like a decent uptrend:



before putting size in bear inverses though, I want to see VIX > 30 for at least a few days

 

Yes posts are opinion only, informational only and not recommendations for trading

 

EBAY(c) looked good towards the close.




Posts are opinion only, informational only and not recommendations for trading

 

Turned out to be a great buying opportunity for the big swinging dicks. That Weekly trend line has held strong since March, never really taken out.

Waiting for Volente’s “XYZA” is the top in the S&P 500 thread # 374 in a few days.

 

Im thinking its a great time. Just have to have the stomache for it. This market is defying gravity and logic. It will fall hard.

 

1. Of course the market will sell off, and

2. You might as well liquidate your trading account and buy a boat - at least you’ll have something to show for it, because timing markets without confirming price action is the most shit risk/reward in trading. The worst.

There was confirmed price action in February. There isn’t now.