Morning ideas October 17, 2019

We are now hanging out at the top of balance.

Gun to the head, I'd still want to be short.

If I change my mind on the short, it's becuase the buyers will move the market abvoe this 3000 area and we will start to trade a lot of volume up there.

Until then, if you are long from here you are buying the breakout from value high and that's a losing proposition, long term, in this instrument.

Remember, whether this trade works or not is irrelevant, whats important is the body of trades.