Before I start, I just want you bears to know that no one likes you. No one actually gets enjoyment out of being short, except sociopaths. Short is just something we have to do to profit in these environments
It is looking like a ball game here folks and these bears likely won unless the bulls act fast. Every rip keeps being faded. I got fleeced on the open and thought the bulls took control, and NOPE. Another terribly ugly day. Look for the wave 3 flush coming possibly overnight or maybe midday tomorrow will be turn around Tuesday. Green to red fade followed by huge flush. you know the drill. Look for wave Y bottom at 420.
One not so good thing, I guess good for bears, is that we could see an even more complex correction - a nested wxy - and we could see spy hit 410. I dont like that count at all
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