As I have experienced over the years, shorting the indexes is generally not worth the effort unless a short-term trend following plan is in place.
The 1-hour 9/21 period chart is still up for both the XAO and S&P 500. So traders should stay long until the trend changes.
Disclosure: recently stopped out of BBUS and BBOZ.
BBUS, page-44
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |
| SP500 (INDEXSP) Chart |
Day chart unavailable