SonicDeejay

S&P 500 Update (10/10/15)

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
It is kind of early to call for a short for me...right now..

I am not keen on going long either... Rather waiting for a nice short at this level, to catch a another major sell down or even a pull back..

One thing to notice is, during 20 to 24 Sept, many Long side traders' SL are wipe outed and now a lot of shorts traders are trapped now...

Market may go up lil more to do some "xtreme" whipping.. I am not buying it..

It pays to be patience.

2007 to 2020 a nice swapping region for me...


Sonic


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