Two Possibilities

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Phew, OK, things will be relatively normal now. Sorry to be so "out of pocket" lately.

I think there are two possibilities before us in the coming weeks, shown below. As you can read in my prior post, I'm more inclined toward "A", on the left (one more small rally before the final plunge), but "B" is still possible. It's pretty clear the jobs report tomorrow will dictate which it is.

I have made some of my best money lately while I'm in bed (it's sort of like being a really well paid gigolo, I suppose, except that I'm snoring at the time). Overnight /ES trades have done well for me, and I have definitely positioned myself for a "just in case" by shorting 40 /ES at 687.50 with a stop above 691.25. At the moment I'm typing this, it's at 684. If we fall hard overnight, and/or the jobs report blows up the market tomorrow, I'd like some protection considering all the big ETF positions I took on near Thursday's close.