roughly on track to match March spike too.
Fed unloaded one of their big news items today: https://markets.businessinsider.com/news...
Yay! More corporate bailout to keep the FOMO pump alive!
Barely made a dent though haha, especially in the inverse markets. Law of diminishing returns and such.
Lets see how Papa Powell, loyal stooge to our Complainer in Chief, handles some congressional grilling this week!
This idea of mine probably gives me the most confidence in my short position B)
SPX Exactly on 5 Year Trendline... About to Tip!
It exactly bounced right off and propelled away from that line this time.
What goes up and can't go up any further must fall.
Trading is certainly not for the feint of heart. And there is no place for emotion... only logic and data.
I'm a cocky mfer because I put in the work to understand the big picture from all possible angles and have collected dozens of data points and varying strategies and theories, all pointing to a crash this month.
I put my short bet at 95% chance of playing out and am perfectly content knowing there's a 5% chance my bet fails and I lose some money. I understand the value I got in at and love the risk/reward setup.
All those factors help be sleep peacefully every night and remove my emotion from the day to day swings.
Gonna be a supersized 1 year long megaphone pattern man... will be nuts.