Got back from handling family affairs in Detroit last night. Jack and I got together up there and got caught up. I stayed at 1% SDS while I was on the road but increased it to 2% at 21.51 in ARCA trading. NQ futures hit a cluster of M/As so I shorted 1% at 2308.25. Currently my stop is 2305.25.
I1 peaked Friday but as happens often when it peaks Friday the stock market actually peaked 10:30 Monday morning. SP futures broke 30-minute M/A so the first hurdle is passed.
I'm working on an inflation model for longer-term timing of stock market trends. We haven't had to concern ourselves with inflation for decades but now we have Ben. In a couple of days I'll roll it out.
I1 is down for the next 6-7 trading days and I'll go flat then.
Silver has hit support and I sold ZSL at 24.64.
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