The New CS Board

[ahimsak]

I shorted the qqq at 66.9. As always, am too early. Indicators say at least a 2 % correction coming later this week, but could go higher into tomorrow morning. Overhead resisitance at spx 1428, support at 1375.

bottom line: getting enough bullish sentiment extremes to support a 5 to 8% correction, but when is the important question. 5 day trin giving strong sell signal, but this market just blows through every sell signal and keeps going higher. Da fed is pumping so much money into the system, maybe why?