Timing Strategies Daily Notes
These are observations only, not trade recommendations.
Stock market currently stretched to a high probability local maximum. Regression lower by min. 2% on all major indices higher probability than much further potential upside, any move higher before min.2% sell-off should likely be capped by max 1% Mon/ Tues Dec.10-11 . Rydex inverse indice funds or inverse ETF’s symbols SDS/DXD/QID/TWM
Low risk short selling set-ups exist within several ETF market sectors as well. Ultra-short financial sector symbol SKF and Ultra-short Real Estate sector symbol SRS come to top of the list for preferred vehicle.
Oil stock sector extremely overbought. ETF symbol XLE provide additional short selling set-up, 8 days of uninterrupted higher highs, a sell entry on a print below $75.90 basis XLE or long Ultra-short ETF symbol DUG.
