The Market
I want to short this market so badly, but I am hesitant. If the Fed pulls the trigger on a rate cut, this market rallies and I do not want to get caught with my pants down.
Going purely on the technicals, a short is merited here. I would look to the 145 Sept SPY puts. But i see intraday strength, and I am being controlled… just waiting and letting my long positions ride whatever is causing this bounce right now.
Will I have faith in today’s bounce? That depends on end of day action, and as of now I am on the fence. Curious to see how the market ends the week.
oh… I managed to get access to my real-time streamer… hooray Beer - because that is what i will be drinking tonight :)
