By frothy, I mean that the market is overbought and is approaching price levels that could be very favorable for short positions. The S&P 500 has moved up almost 50 points since I exited my swing long position almost a month ago. There have not been any solid opportunities to enter another swing position since, and as such, I haven't posted any new trades.
Market has been very bullish and remains bullish, but I will be eyeing the 1717-1727 range (ES U13 Sept Contract) for a potential swing short entry. It depends on the price action, but if the ES gets up there before the end of the week, I will likely be entering a short position.
If I do enter any trades, they will appear in the "Trades" section in the right column. I may not be posting as much lately, but I'll still be publishing my swing trades...
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