Secondly of course I have a bias. Shorting more than longing has been profitable these past weeks(and there's been plenty of fundamental and technical reasons to do it that have provided higher probability for shorting to work). Just because we get a few huge up moves means absolutely nothing, again like in the previous post it's to be expected. This move is like us trading a 5 minute chart and it goes down for like 16 candles, than we get one ATR candle up and than you tell me about magic rabits and etc. You do understand that right? Larger charts are active therefore larger moves will be had, you can find me repeating this over on multiple post. EDIT: Not to mention I've said there's certainly long and short setups just about everyday and I trade intra-day and am willing to take both in the same day. But your post has no logic or reasons, If you have some go ahead and lay it on me.
Bear market rallies can go on for days, now come on don't be stupid. Let price tell you what to do. Without bad headlines over the weekend, rally likely to continue before it turns.
Well, clearly, there aren't, because the main index averages closed up +9% today without a 15 minute halt. So there are no up breakers during RTH. Are you arguing this with me or something, or just trying to be cute because that is a line I used on you once?
the reason is simple.... fear is an emotion 3x stronger than greed, so on the upside there is no breaker...
I have said this many times.....if it drops 7% they kick the circuit breakers in but if it rallies and moves parabolic to the upside they just let it be. You can see how one sided the market is. That is no free market.