Every one is so bulish now that make me feel that we are going to turn around. It is only a feeling and feeling doesn't pay the bills. Short are still too early. We still have higher lows and higher high.There isn't any sign that we are going to turn around in any time frame.
SPY- long can be taken above 98.15 and short under 97.5
QQQQ - long above 39.4 and short under 39.1 . Bearking the 38.75 level and we get a lower low, but it doesn't mean that we are going to turn lower , it is only mean that we turn sideways.
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