US Future Markets; Shorting Optimism, Buying Fear.

13 Des 2023

Hey Traders,

The FOMC Meeting is underway and comments are coming across the wires about the state of monetary policy and the handling of the economy.

Tentatively positive comments are being spoken leading to a further rise in the value of the SPX.

Here's why I'm short biased.

14 Des 2023

Catatan

Make sure any shorts are ;

1. Light

2. Spread out.

15 Des 2023

Catatan

Last bit of news for the week, maintaining same bias

15 Des 2023

Catatan

Bias continued into monday.

16 Des 2023

Catatan

Markets closing even higher around prev highs. Any added entries, do remember that you can, and likely will find you break highs ultimately. Although we are short biased, we are not existentially shorting.

19 Des 2023

Catatan

FED comments referring to the surprise of how much has been bought...

21 Des 2023

Catatan

Should be out for Exit 1. Reshort areas approaching.

29 Des 2023

Catatan

Re-shorts applicable (Taking of pre-preferred prices). Optimism tentatively carries into 2024 for the mass market. All the better to sell :)

3 Jan 2024

Catatan

Holding in gains further, use trailing / ITM stop.

4 Jan 2024

Catatan

Rhetoric changing slightly. Slight fear.

5 Jan 2024

Catatan

Maintaining short bias.

8 Jan 2024

Catatan

Maintaining further pre inflation news.

10 Jan 2024

Catatan

continuing short bias.

29 Jan 2024

Catatan

And the same pre fed. Change of direction / larger news impetus required.