Monday Notes

As posted here numerous times, the Bears finally caved in unable to get below the 100d EMA and what a beautiful short squeeze this a.m. with SOHU up over 6%.  *Some people* in social media really should go back to drawing their own charts and stop relying on Profit.  Took some off @ $69.11 moved up the stop to LoD based on my overall belief we’re in for a market pullback.

Unfortunately have to leave for yet another Doctor appt so that being said, I began scaling back into a ES_F short @ $1093.50 and believe it or not, shorted more CAT $57.11.   Have an order to short X @ $43.41 w/stop above resistance.  Placed trailing stops on BUCY and ORLY.  No action in DRV at this point.  Watch DJUSRE

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