The Dichotomy

While certain that the 'infinite wallet of bad government' is driving the market- I can't help feeling that such a crazy rise HAS to fall at some point- but fighting this looks like a bad idea. The banks now have risk free trades forever- they know they will not be allowed to fail, and then there is the real economy-global trade has dropped 44% apparently-no one told the stockmarkets.
Today watched F pass up through R1 then R2. I don't have a strategy for this- unless we count the 'Hail Mary' trade!
F is now beyond Fibonnacis and the longer term 200 day and 40 week moving averages though the 'dead cross of the 50/200 is still in place and is the last bear signal, if you count out all the overbought indicators- which seem to stay overbought/sold for so long it's not helpful.
Watching- sell 4650 call/buy 4300 for 10 or 4350 put for zero