The counter-trend rally I was hoping for is clicking right along, and I’d say we’re most of the way there. Not done, but…………getting there. Here is the /ES, up about 140 points since Friday:

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The counter-trend rally I was hoping for is clicking right along, and I’d say we’re most of the way there. Not done, but…………getting there. Here is the /ES, up about 140 points since Friday:

I realized I’ve mentioned XLF, but it merits another shout-out. This isn’t a huge top, but it’s an awfully clean one. I am long September $42 puts, so that’s 150 days of juicy possibilities.
