This is the first time I have ever seen the market go up for this long without at least a 2% correction at some point. So is this a new paradigm, with the fed printing so much money the market can only go up?
I feel so stupid still holding my short. Had so many ops the past couple weeks to take a small loss and just wait for a clear sell.
Once again we are major overbought, but that has not worked as a sell in months, so why would it now?
If you are not short, dont do it. Wait for a clear signal from the options, which is not happening. The weekly sentiment is flashing major decline soon, but:
When normal signals dont work, beware.