It is kind of early to call for a short for me...right now..
I am not keen on going long either... Rather waiting for a nice short at this level, to catch a another major sell down or even a pull back..
One thing to notice is, during 20 to 24 Sept, many Long side traders' SL are wipe outed and now a lot of shorts traders are trapped now...
Market may go up lil more to do some "xtreme" whipping.. I am not buying it..
It pays to be patience.
2007 to 2020 a nice swapping region for me...
Sonic
I am not keen on going long either... Rather waiting for a nice short at this level, to catch a another major sell down or even a pull back..
One thing to notice is, during 20 to 24 Sept, many Long side traders' SL are wipe outed and now a lot of shorts traders are trapped now...
Market may go up lil more to do some "xtreme" whipping.. I am not buying it..
It pays to be patience.
2007 to 2020 a nice swapping region for me...
Sonic
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