Shorting the E-Minis based upon investor sentiment
Updated
I am shorting the Minis here because the sentiment indicators are showing the small investors all in, and the big money is sitting it out at a multi year low. The little guys
are usually wrong and the big money is usually right. We just saw the announcement of two vaccines for Covid 19 and so little action its pathetic. So here is where I short.
are usually wrong and the big money is usually right. We just saw the announcement of two vaccines for Covid 19 and so little action its pathetic. So here is where I short.
Trade active
We continue to see extremes in small investor optimism, smart money is out and dumb money continues to pour in.Note
closing otu trade on a loss, i am still bearish on the market due to sentiment and bad fundamentals but equities are the lesser of the evils in a pre inflationary market so closing this at a loss, in the future I will be more descriptive on the trades and mark up the charts with more notes.
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