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What?...no "wooo hoo, great call" proclamation today, Alex?.... Just kiddin'
I shorted at closing
I only do that on odd numbered days, JKH.
SPY close higher than open 11 consecutive days now. Higher lows last 6 days. Even yesterday with all its gyrations, the previous day low was not violated. Signs of a strong, determined, resilient market. Yet, the odds would suggest a down day is overdue.
Put on some YM & NQ shorts here in premkt... they ran yesterday's HOD on YM... pretty obvious place to try so we'll see how this does. If they fade the gap, I'll move stops to B/E+1
I shorted NUGT on Thuesday at closing from 10.47 for very respectable profit and closed it yesterday at closing i opened long position for SPXU yesterday at closing i picked SPXU because it s pretty oversold good luck to all