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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ItsAllCyclical who wrote (68650)9/2/2022 2:11:48 PM
From: Lee Lichterman III2 Recommendations

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ajtj99
ItsAllCyclical

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If it wasn't a Friday before Labor Day, I'd say we flush into the close. The holiday has me limiting short exposure. I just don't see them letting longs get out even here though either. A lot of momo players are probably trapped now as they bought the ramp up this morning. Reading around SI last night and this morning, numerous threads were already proclaiming yesterday was the retest, the bottom was in and we were all up from here. AAII shows a lot of bears but what they say and what they are doing aren't jiving.
There's a lot of puts down at 3900 so I'm thinking we end right about where we are, 3920-3950. Keep everyone scratching their heads over the long weekend.
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