forker

ES - S&P 500 E-Mini: Admit when you're wrong

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
So as you guys & gals know, i was ultra short biased on the S&P             .
But there are times when i have to admit that my thinking was not how the reality evolve.

i'm sitting here and watching this chart, and i see that there is strong support.

The two scenarios on the chart give you the idea from the perspective of the A/R framework.

I'm patient, waiting for something obvious to happen.

P!

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Central banks will make sure that the scenario of expansion and upside on the spx will happen so we should be looking at new highs in the near future all prognostic are short but like Warren Buffet said do not sell short the american economy !
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forker fb1807
TNX for your comment, appreciate your feedback :)

There will be come the time for ultrashort, but this takes 3-4 years more.
Until then, we participate from big money, putting all savings into the only pond that can take it and drive the markets to new highs and also the USD.

Will be very interesting times...

Cheers

( see also: http://www.armstrongeconomics.com )
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