My trading style will be based on--
Within 2 to 3 days...
USD find a temporary top and goes down.
Gold is on its trendline and may bounce up sharply, silver also
Eur may stage a good bounce.
SPY also bounce and beat up on new bears....this drop is about equal to others in this "rally",
DBA commodities at a trendline
Enough bear excitement out there....take them for a ride again.
Fear Factor hasn't broken down, even with the original drop today.
Chart of Charts -- WELL do you feel lucky punk? This one has 5DMA 10, and 20 all crossed over to bearish. This is rare. This market "should" go down.
Below a couple of "lifted" charts
How about a short sharp spike (3 to 4 days and 50 ES points) up to rip the bears and re-encourage the bulls...."haha I knew the bull was just trapping the bears" haha, before the path to SPX 200....hmmmm I like it, diabolical.
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Insightful and Useful Comment!