Based on what I am hearing, the expectations are pretty low for this Trump speech to Congress. I am now leaning more towards this being a nonevent, just because I think Trump will just end up meeting those low expectations. Plus, we have the first day of the month tomorrow, which is usually bullish, and it just isn't a great bet to short into the Trump speech tonight. I was thinking the simple play, but the expectations are too low for my liking.
You cannot short in the hole in this market, you have to try to sell all time highs. That is the only way you will get a decent risk reward play when you are still on the front side of the move.
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