Bulls attempted to shake out the shorts this week, this is how bear markets function.
1500 points from the low to the high, but this does not faze us in the least...we have been short for weeks and stay so.
Powerful bear rallies have one main purpose, pressure the bear.
They also suck in the last bulls..the very last.
Prepare for a plunge to hit very soon, talking heads will tell you after the fall.
We are almost at a Dow Theory sell signal, all signs are building of a fundamental trend change that will catch most investors off guard.
Gamma traders with over leveraged positions will be deep underwater on any intensifying selling pressure next week. This can be the catalyst for liquidation and cascading plunges.
Hold on to your short positions and fasten your seatbelt....thing are about to get ugly.
Appreciate a thumbs up...Good Trading!
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