I think you're close MMT. Also coming out of the FOMC.
Should be good for a pullback at least. I think the hardcore shorts have thrown in the towel, dont think anyone wants to short this so now maybe the time to fade the crowd.
I have used this mornings option expiry.induced surge to buy DXD-Proshares Ultrashort Dow ETF @58.35. 8% stop. 2 to 1 leverage. VIX at multi-year low. Wall Street bonuses are in the bag.
Everything is wonderful with lots of complacency. Hate to have a surprise ???