Taking Intermediate term profits
Bulls and Bears make money , pigs get slaughtered. Intermediate term went real fast , with over 500 Dow points ($2500), 60 SPX points($3000) and 100 NDX points ($2000), per contract ,I have taken most off the table. I am not greedy nor a pig.
I am looking at a major Bradley turn beginning tomorrow and now thinking it could be a turn up from the heavy selling preasure of the last week or so. With the market this oversold , it might just be right once again.
My short term bounce trade got stopped for small loss.
Woodfish