The S&P topped at 2601
- Yes
- No
- You're still an idiot for shorting this
The most important answer choice is missing:
4. Whatever
You don't have to guess/call the tops and bottoms to trade profitably. Whether 2601 is a top, a bottom, or a middle, I would make money regardless.
I say the S&P topped today at 2601
I'm currently short ES from 2599
Stop is 2631
Objectives are 2533 and 2503
I'm also short Dec 260 spy calls from avg 1.87
Why, nothing but blue sky above.