Just went short 3X S&P

Tomorrow is a Friday following a big bounce. There's bound to be a pullback. If nothing else, you should make a nice gain on an intraday pullback. I wouldn't hold a 3X reverse ETF over the next couple weeks, though. It's a coin flip where the market is going to go in the short term. Not worth getting your ass handed to you.
 
I love these posts and the funny thing is they are all contrarians, acting as if they knew something the market does not.

Here's a tip, buy the pullback to last resistance you dork, the trend is now up and highly doubt it will end due to a squiggly little line in your charts. ES next resistance is 800 so you are way too early in your call.

Susana
 
Quote from SusanaDT:

I love these posts and the funny thing is they are all contrarians, acting as if they knew something the market does not.

Here's a tip, buy the pullback to last resistance you dork, the trend is now up and highly doubt it will end due to a squiggly little line in your charts. ES next resistance is 800 so you are way too early in your call.

Susana
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Serious question though: do you consider november lows to be resistance?
 
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