the new highs sticks out like a sore thumb and i have been monitoring it and even studied the past 6 years. study shows that disparities like that can go on a lot longer than i want to hold a short that continues to go against me. someday it cathes up. since i went short at 1496 ndx a few days ago, i hope you are right aobut the timing. the turnips have been stellar for a long time now. they had a few day over shoot here but some good selling today could undo most of that. whats a few days plus or minus when you lay it out weeks ahead.
all my stuff was lined up (so i thought) for a perfect short entry a few days ago. yet we climbed higher the last three days. has been a frustrating couple of days. that said, thanks for the detailed response and may the turnips continue their current trend of accuracy. steve
Zeev, fwiw I think we may have topped or have just a few days left, and this may be a major top.
I count amongst other things. I think wave 3 of C extended, this messed a lot of novice counters up, like myself. The ensuing correction from the 3 was complex as well, making for further difficulties.