Seemed too far 24hrs ago. But too many bears (with all sort of chart patterns and candle types) were waiting for a crash to 4000 ---- perfect for a roast. That prompted a 170pt short roast, and it went very close to 6013 (futures) gap as suggested earlier. Yet to close that gap ...
Closed most of my last Friday's long positions. Mostly cash now. The rest still long.
I am thinking it has more in the tank, but maybe first a bit of early trade harassment of US-watcher longs and profit taking; then continuing up. I am thinking today/tonight's high will be a good spot to short (or at least begin to collect shorts). 6200+ if happens this week would be the dream short given it lures many longs with a fake breakout and allows for painting a calm and rosy picture ---- perfect for deception and maximum bull casualty.
As for today, booming any opening gap (if happens) would still be the safest day trade imho, and probably takes priority over anything else.
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