Short Term Trading Member Forum

[Blackbelt1]

I'm sure you're correct except the market moves in its own time. In your favor, the last 5-week cycle was left translated and flattened, and could possibly foreshadow a shift in sigma el from up to down. We shall soon see whether the current 10-week cycle repeats this by left translating and falling lower.

So far, I see no rational basis for loading the boat for a short sail.

Again, I wish you the best. My best advice to myself right now is to take a nap, tip my hat down to shade my eyes, mosey off into dreamland, and let this tight-as-a-drum market fight it out for a few more weeks. This chip-chip-chip trading business frays nerves and leads to impatient mistakes. Relax, Blackbelt, take a breather, and come back when the bulls are really worn out and ready to sell.

BB