Pessimistic traders, along with the serious self appointed market experts
who claim to know where the market is headed next,
are finding their pessimistic and premature short positions beginning to go "seriously under water"
that's what the market does, as the S+P 500 is threatening an "intermediate technical upside" breakout above 4200.
With uncertainty surrounding the ongoing congressional debt talks
the stock market is thumbing it's nose at the many many pessimists,
in anticipation of a deal to keep the government running par usual on June 1,2023.
When a market "jumps" ahead of material news,
the significance of an "already in progress breakout move "..." could be doubly significant.
POSITION :
LONG
SPX LAST 4158.78
THE_UNWIND
WOODS OF CONNECTICUT
who claim to know where the market is headed next,
are finding their pessimistic and premature short positions beginning to go "seriously under water"
that's what the market does, as the S+P 500 is threatening an "intermediate technical upside" breakout above 4200.
With uncertainty surrounding the ongoing congressional debt talks
the stock market is thumbing it's nose at the many many pessimists,
in anticipation of a deal to keep the government running par usual on June 1,2023.
When a market "jumps" ahead of material news,
the significance of an "already in progress breakout move "..." could be doubly significant.
POSITION :
LONG
SPX LAST 4158.78
THE_UNWIND
WOODS OF CONNECTICUT