Week of Sep 3

When do you short? SPX at ATHs into the most bearish month of the year.

Recap of last week

We came out last week with a bullish bias, which was correct. Although a slow week (last of summer) all dips did get bought and we closed at the highs.

We took 1 ES trade, good for 30 pts, or 50 if you swung them through the week.

We currently have 5 positions on, 4 winners and 1 loser besides that. We are consistent winners. Ho-hum to be honest. I am excited for an extremely volatile and opportunity filled 3Q with the usual seasonality effects and the presidential election on top of that.

Next move for markets