20170915
Long 2 RTY 1422.7, 1422.7, +0.7, +1.0
Short 2 RTY 1423.7, 1423.8, +0.7, +0.7
Short 2 RTY 1425.8, 1425.5, +1.0, +0.7
Total RTY +4.8
The market tends to 'train' you into doing just the wrong thing at the wrong time. Take the NQ today. Having been trained by recent action that the NQ had lost its bull luster, I ignored both the buy signals at the bottom, and the excellent breakout signals higher up, at the Sequent Inflection levels, well in advance of the vertical explosion. In fact, it was further training to avoid the NQ by virtue of just how much time it sat at inflection level before exploding that further seduced me into thinking the sidelines in the NQ were the right place to be. Ha! ...and so I was left scalping the mini Russell while the subsequent NQ fireworks dropped my jaw. As Heraclitus reminds us, "Expect the unexpected."
