This is it, the I1 top day. Bonds unchanged, stock futures up 7 points. Ideally, I want to short near the close. However, I am placing an order to buy 5% SDS when DJI hits 11,145, up 100 points. The M/A that I use to calculate critical support is DJI 1-minute, 380-units simple, which is currently 11,100. If I had a declining I1 I would sell at this M/A. Since I have an advancing I1 I will sell 45 points beyond it, thus 11,145.
Looking to increase shorts at the close or a break of 60-minute M/A near the close. Also looking to buy long bond late afternoon.
Yesterday, I entered tiny positions in each. I look to be short 20% stocks and long 20% bonds at the close.
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