Nuts/bonkers (insert your own description of the market here)!!
I had a 500 point range on the SPX that I could make money on last Friday for a 14 day trade. I have adjusted twice and may need another adjustment today.
Having traded the market almost every day since 2004 I would place a large wager that the money piling in at the top is not the “smart money”. But still have to trade what the market is giving us and right now that is everyone left on the sidelines wants to buy the market.
Trade smarter! Chris