Yes, who doesn't love violent shakeouts. And it seems to be working...They don't want to make it easy for anyone to go long or stay long right now
Sorry, didn't read your post before posting mine. Anyway, I believe we will very likely break out of the chop zone tomorrow. My thinking is more towards the low than high, but gonna keep my mouth shut for now.![]()
Out 5600
+17
Sorry, didn't read your post before posting mine. Anyway, I believe we will very likely break out of the chop zone tomorrow. My thinking is more towards the low than high, but gonna keep my mouth shut for now.![]()

Longed this dip at 78. Stop at 75.
Worth the risk.
If not, maybe September comes early this year.![]()
Thoughts on this rip higher that we've seen over the past week couple of weeks? Certainly caught me by surprise.
I sell mortgages for a living (have been in the business since 2002) which has fed into my short bias. It's rough out there for a lot of people.