Again.
Nothing has changed in weeks.
It's still short the s&p on any fake rallies to the 50 sma.
Will we get deeper drops?
Possible.
As far as day trading.
Same thing. Small hot biotechs are the sector.
Get in quick get out with fast the cash.
Don't buy drops, don't hold.
Conversation
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Do you ever concern yourself with researching if there is a specific reason a sector is popping, or does doing deep research on that sort of thing bog down your day. For example, in passing, I kept seeing something about a large biomedical conference in Vegas this week.
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You use the 1 min or 30 min chart to know when to go short for a day trade?