Seasonality and overbought... Professionals shorting and non professionals buying. Insiders selling. Forex giving strong bearish signals... Complacency...
I don´t know from this point if S&P500 can trade above 1700... What i am seeing is that even the bearish blogs are expecting a rise above 1700 and this is not good... I exited my long positions and start shorting. My forex trades (long JPY and USD against some currencies are working).
Bellow is a chart from one of the worst indexes IBEX30, where you can see a good spot to short.
Missed Disney's Rally? Grab This Defined-Risk Put Spread for a Second Chance
-
Stocks keep notching record highs. If you're like most investors, you're
probably wondering, "Should I really chase these prices or sit tight and
wait for ...
Há 9 horas