I think the profit taking time comes a bit earlier...
the last days of December will be the:
1) Profit taking of Trump rally
2) Thinking of January 2016 "The Big Short" coming back.
Thats not good for long. And check out the 79% bulls sentiment that we hit yesterday.
thats why i think 2220 to be triggered soon to close half of the position.
the last days of December will be the:
1) Profit taking of Trump rally
2) Thinking of January 2016 "The Big Short" coming back.
Thats not good for long. And check out the 79% bulls sentiment that we hit yesterday.
thats why i think 2220 to be triggered soon to close half of the position.
Comment:
2. profit taking will be at least 3-4 days.