Short
Is Today The Ultimate Signal?
The Dow has formed a bearish rejection candle.
Sheer exhaustion and throwover price action the past week or so.
The patient needs more morphine...none ahead!
Just when all seems lost for the bears...this will turn.
Buying puts on the indices would be prudent, a powerful trend change is coming.
We know this market is topping at large degree going back a very long period.
Our analysis the past two months has been continually bearish....ever increasing risk.
Climb the stairs up or take the elevator down?
Good trading
Sheer exhaustion and throwover price action the past week or so.
The patient needs more morphine...none ahead!
Just when all seems lost for the bears...this will turn.
Buying puts on the indices would be prudent, a powerful trend change is coming.
We know this market is topping at large degree going back a very long period.
Our analysis the past two months has been continually bearish....ever increasing risk.
Climb the stairs up or take the elevator down?
Good trading
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.