Sometimes I have to stop and think, holy cow I can’t believe this! The market is on fire right now and I couldn’t feel less bearish about the whole thing. When a market gets parabolic like this I embrace my short Deltas and I am constantly awaiting a pullback to create the text book definition of a trend, a higher low. Right now I have major doubts that this push higher can last without a higher low or some type of consolidation period. I do how ever expect the market to be much higher at the end of the year, so my bearishness is only short term as of now. Below is the ridiculous chart of the $RUT, enjoy!
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