- Yesterday's top at SPX 1333 was SD ST top with exactly same ratio as previously invalidated one (SPX 1303). The most probable scenario is they run the ST bear run, so that MM can rejoin the NK party later.
- Don't be naive and greedy about market decline. NK is your context in this environment. You know the level I cared most has been ES 1311. Until it's broken in convincing manner, you still have to remind yourself this is NK's environment.
- IT ratio is getting dangerous level. This is the reason I cannot set stop, but you should have one.
- Overnight, Ms Market keep whispering I better cover at 1311, but I ignored due to SD ratio. Do or die, I am SD guy after all.
