Short
The Big Bear Is Awake!
The Dow is setiing up for an opportunity to increase our short positions.
An ABC bounce looks to be unfolding, once complete...a wave 3 down will impact the bulls.
Bull market turns take time and our 10th May top was a clear bell ringer and could go down as the top marking many decades.
Some gyration is likely this week...you can bet on much lower prices coming.
So hang on to your seat and buckle up.
Good trading!
An ABC bounce looks to be unfolding, once complete...a wave 3 down will impact the bulls.
Bull market turns take time and our 10th May top was a clear bell ringer and could go down as the top marking many decades.
Some gyration is likely this week...you can bet on much lower prices coming.
So hang on to your seat and buckle up.
Good trading!
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.
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.