Ah the F-You Candlestick Pattern

So my candlestick theory was wrong. Instead it formed the classic "Flying Eat Bull Nuts Sushi Roll", where bears start throwing out bids to cover their shorts and the bulltards just sit at their computer and hit buy. Realistically, it has almost formed the Three White Soilders, expect for the Doji yesterday. Two White Soilders and A Midget maybe.

There is strength in the market, the SPX closed above 750 today also the market blew through resistance. A 12% move for the last 3 days!


I closed out my shorts earlier for a lose on all them. I got greedy and it cost me. And I'll keep it honest, I'm down for the month, not that much, but still up for the year.
I re-entered a SSO short when the SPX was at the 744 level, there was a good odd RL there. I am thinking the market pulls back a little bit on this huge move up.

I also entered into a TNA position earlier today, so it has hedged some of my loses. After today I am mostly in cash, I will stay that way, till there is some sort of pull back from here and I feel in-sync with the market. Time to step away from the screen and relax.

If you had a shit day too here is my favorite songs to play after a down day:
Brewer and Shipley - Witchi-tai-to
Bare Foot Truth-Roll if you fall