Most ideal move for market - either slow top for next 2 to 4 weeks or sudden death this Monday!
Knowing most are willing to benefit through downtrend, the market could continue slow move upwards eating away all options premiums or not give opportunity to anyone benefit fully by doing sudden death this coming Monday before open. Let's see what we have got in store.
Or will it be show it all one last blow off top and then give them all a nice hammer to short? Dunno, but I am ready for all three. I hate the dragging on with slight movement though!
The rotation started already actually about 23 days ago
Look at any food stock grocier Up 15%
Gld small down trend from last year bottomin process. Could take another yr.
Tech up from last summer.
Retail still holding hasnt sold off.
Transports were at all tim highs and rolled slightly..
Very true and a keen observation. I hold a little bit left of a short. I would think that the powers that be think they want everyone out of this market on the short side before they themselves profit from it. Psychologically, this is the mo of the socialists to begin with who have hijacked the country. Things are now 'theirs' and unless you are 'with' them,the do not want your active participation in anything that is done. Especially when it comes to making money.