Thanks!

I ‘love’ how the most rate sensitive stocks rally today more than 1%, when 10YR yields are at their highest in the last months. Zerohedge had an article today quoting BofA statistic of largest ever 4 week inflow into equities, of $23.9B. With the lowest level of cash on the sidelines, I am sure these are funds are coming from margins, which are also at ATH. What can go wrong? We just need needle to prick the bubble.

One could use any of the 1x (non-leveraged) tracking ETFs (SPY, QQQ or DIA), any of the 2x or 3x leveraged ETFs (QID, SDS, SPXS etc..), futures (/NQ, /ES or /YM) or options.
While I can’t provide specific advice to anyone, generally speaking I can say, emphatically, that one should stay away from options until they are experienced & comfortable with trading stocks and ETF and only then, after they read up extensively on the pros, cons & various strategies for trading options.
Futures contracts & leveraged ETFs are essentially the same as trading the 1x index tracking ETF except one must account for the leverage in calculating their gain & loss potential on the trade & then set stops according. For the most part, non-leveraged ETFs are the best vehicle for those relatively new to swing & trend trading.

RSOTC, if I may ask, how would you trade these shorts, e.g. buy puts on the long ETF, buy a short ETF, etc.? TIA.

YW & thx for the feedback. Hope it plays out for a decent pullback short trade and/or long-side bounce trade if/when those final near-term targets are hit. One thing that I mentioned in recent videos but forgot to bring up in this one is that if these 60-minute scenarios begin to play out, we’ll have to turn out focus to the more significant daily time frames.As of now, patiently waiting for all 3 large cap indices to take out those uptrend lines although it wouldn’t surprise me to see that occur on an opening gap down next week as that would deny the maximum amount of shorts an objective entry & trap as many longs as possible as the market doesn’t like to make things easy.