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ES Quantitative Analysis

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Ultra brief post today.

Market is overbought.

Odds to go SHORT at 1802.75 are 92.73%.

Can the market go higher? Yes, it can, and actually in the last few days we had suggested that, when the market was down, and that was the moment to buy, not now.

Now is time to sell.

Place your SHORT bets and have a Stop Loss.

Here below is a CCOC table showing you how increasingly rare are a series of consecutive DAILY up closes beyond 6 times (today would be the 6th day up in a row).


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