Yesterday just looked odd to me. It looked like something that could transpire on a thursday and lead into a weak ending to the week with Tech leading us lower. After TWTR earnings and feeling good I decided to take down some risk and add to SH and SQQQ. Presently these are paying off well and I am looking for a weak close into the weekend.
I am looking for this downside weakness to continue into the weekend and then possibly look for a buyable low in some stocks next week. That is what I am hoping for but anything can happen.
We will see what happens but right now the trades are working...