An incredibly strong bounce over the month of November on all QQQIWMSPYDJI
I am getting out of my SVIX position for now as vol is super cheap and not going to get greedy. You can see in bottom left chart of VIX my indicator is about to flip red, so I am just going to front run that.
Also the breadth in bottom right (average of SPY and QQQ breadth) is getting up there.
Let me clarify, I'm not looking to short, as everything is strong and I don't want to p*ss into the wind, but I will lever down and stay long.
Growth is going to slow, but Biden won't let this thing go to the dumps.
Everything I look at here is bullish, and a little too bullish. I got a lot of this move with leverage, so I am selling levered positions and have bought some small cap value (that might get crushed with expensive debt).
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