Can't decide if I want to go long on SQQQ or Short SPY?
I have been riding the SPY since Feb and know the correction is coming soon?
There are no corrections. They're disguised as pull back. As long as SPY does not ramp up too fast we're ok.
The pull back is the one that's pushing SPY higher.
The GOLDEN CROSS remains intact, fibonacci retracement 1.382 has not yet occurred.
Sentiment: Strong Buy
Depends on which correction you're talking about. Ultimately, SPX should go back to 450 but it will take a while and we might correct and retest/make new highs before then.
8,888 DOW points.
I think I am got to buy some $159 may 31 put options tomorrow.
Super powers Big!