There it is, another new 52 weeks high for the DJI. Did you celebrate this new high with all those talking heads? Strange how little attention and fanfare this new 52 weeks high received. If you were watching the DJI during the closing minutes of the last trading session, you would have notice how it was fluctuating between the previous 52 weeks high before it sneaked up and closed above it. Strange or deceptive? The market can't hide its action but it will try to be deceptive to fool most of the market participants.
Here is a video on some possible scenario for the market and the index ETF.
Click here to view the video if you do not see a video player on your screen.
Disclosure: Long SPY PUT
