I see some ranging going on so just closed off my S&P ETF shares for a small profit and look to re-enter when we fade back to recent lows. I'm meant to be investing long-term but watching graphs (now that I have more time) has pulled the day trader out of me a tiny bit.
It looks like most indices are net short at the moment which will put pressure on rises.....it likely means that there is a swell of cash around so any meaningful news will spike the prices.
It looks like most indices are net short at the moment which will put pressure on rises.....it likely means that there is a swell of cash around so any meaningful news will spike the prices.