Short Week

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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: