Ok, thanks cause I thought that you were seeing something I wasn't. From where we closed today, 1385 is a bit less than 2% and 1414 is 4%. That's still below my 5% that I mentioned as a dividing line to where I make decisions to start taking short and/or long positions. Maybe the issue is to the downside. Do you see 1292 or lower or not? Cause I see 1292 and lower before any turn back up to challenge anything higher than 1428. Of course if we go above 1428 (the +5% mark) before 1292 then you would be right not to take shorts here quite yet. But nothing is certain but death and taxes and IMHO it is a good spot to start taking shorts here. Time will tell.
But that's JMHO.
Disclaimer: Already have one batch QQQ shorts at 33.75 from yesterday and looking to load up another 2 batches (doubles) if they give me my numbers.
"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis
"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin