I have covered my short midday, I think I'll be able to short at higher prices tomorrow morning. I am not interested in going long at this time, the complacency is just too high for a safe long at these prices. From a pure price action perspective, the market is mixed. It is showing flashes of weakness, but doesn't stay down for long. I am bearish for tomorrow but bullish for Thursday, so it will be kind of tricky to play the next 2 days.
and i am very bearish for next monday..
ReplyDeleteIn looking at SPX chart, a selloff is still possible tomorrow. I'm crossing my fingers.
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