I remain short term bullish, actually VERY bullish.
There will be a time to swing short the market w/ both fists.
That time imo is NOT now, still not yet.
There are way to many technical indicators that a very large bounce is coming.
- Weekly spx, rut, indu all ALREADY crossed UNDER 50 on the rsi from Monday
(it has already happened, all of those happened on Monday)
-Every index is at support trend lines from May here, every single one.
-Pos divergence on every 60min chart (macd/rsi)
There will be a time to swing short the market w/ both fists.
That time imo is NOT now, still not yet.
There are way to many technical indicators that a very large bounce is coming.
- Weekly spx, rut, indu all ALREADY crossed UNDER 50 on the rsi from Monday
(it has already happened, all of those happened on Monday)
-Every index is at support trend lines from May here, every single one.
-Pos divergence on every 60min chart (macd/rsi)
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