The Dow twists again to the upside in another seesaw gyration.
Today we hit a critical zone going back to 2018...since March 2020 we have catapulted 12000 points on a world economy shrunk by 4%
Valuations are insane...but the crowd drive through red lights.
Calling a major top is fraught with risk...patience and probability can give you an edge when you simply wait.
Taking the opposite trade is difficult when the herd is this much driven, same at the March 20 lows.
Let's see how this plays out...possible throwover in a final blowoff.
Staying small short.
Good trading.
Today we hit a critical zone going back to 2018...since March 2020 we have catapulted 12000 points on a world economy shrunk by 4%
Valuations are insane...but the crowd drive through red lights.
Calling a major top is fraught with risk...patience and probability can give you an edge when you simply wait.
Taking the opposite trade is difficult when the herd is this much driven, same at the March 20 lows.
Let's see how this plays out...possible throwover in a final blowoff.
Staying small short.
Good trading.