Seems like a blowoff is imminent. We are getting closer, I still believe today is not it. Tomorrow morning I'll look for a quick 5 point squeeze up in the first hour of trade as a sign of a blowoff top. Still targeting 1170-1175 zone to short. I remain on the sidelines till I see the bear panic capitulation.
i am going to start shorting today and add one contract on thurs and friday and then go back to praying!!!
ReplyDeleteWhat do you think about my odds?
I am waiting for tomorrow but I like the odds shorting at these levels. Next week we'll correct hard IMO.
ReplyDeletei guess my first contract was at the right time.....we will see...i have no intent to cover until we go back to 1152 or so
ReplyDelete