"But the stress test wasn't stressful enough!"- random hedge fund manager
Who cares. The market has spoken. The weak hands all sold ahead of the stress test and now stocks are in strong hands. We will not get a complete migration of bears to bulls for a few more days. By that time, we will likely be around 1110, perhaps a bit higher.
You never trade in the direction of the news, always the opposite!
P.S. - I was one of those weak hands. The market has shaken out all but the hardy bulls. I think you need near perfect setups to short next week.
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