Please Go Higher Tomorrow Market

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May 31, 2012

I want the market to go higher, my charts say its possible, but as I posted earlier in the week all signals have been sufficed on the long side as of Tuesday which is where I got out and have been sitting since. I could almost get short today but I want to wait until tomorrow eod.

My ideal situation is the market has a small up day tomorrow one nobody cares about. Not too big, just right. At that point I’m going short with signals.

The scenario I hope doesn’t happen is a selloff of any kind as it will likely set up a long trade, one I don’t want to take. Where as the the up day creates an easy short trade and where price is now it could get very destructive quickly. I’ll be playing the next 100 pts to the downside.