It’s going to be a short week, hopefully for two reasons. The first is guaranteed – – we had to take yesterday off to celebrate Presidents’ Day (which I’m sure everyone did with great flair). The second, which is off to a good start, is for this market to start weakening again. I’m entering the day 136% short and eager to get much shorter, particularly with interest-sensitive items.
Here’s the intraday on the ES over the past few days:
And, similarly, the NASDAQ: