This weeks volume has been incredibly light and I'm feeling a need to wait to position again on the short side. This rally should be a reminder too all of why traders need to take profits along the way.The 1091 top entry and covering in the low 1030's has me going to remain neutral on this market til I get a better read on things as it is lacking participation with the holiday Wednesday and light float up the last few days.
Officially I was stopped out on a close above 1065 on last 1/3 position last week.
Glad we booked 3/4 of position on way down!
I really like Tim Knight's video tonight as he is really doing a great job of walking us through the mental struggle of shorting this market.
http://www.slopeofhope.com/
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