We had FOMC and we got VOLUME back into markets after the FOMC. We also got a nice pop right after to lock in last retailers and then sold off...
I'm expecting that SPX 1148 was the major top and we are going to have a sell off to 942 SPX a very ugly one over next 1 month.....
Be prepared, I'm loaded heavy with shorts and I am VERY VERY bearish at this moment. There is no reason at all to get bullish now....
The VIX is getting VERY close to breakout of falling wedge and the markets will fall down off a cliff. Dont know if it will happend today, but it will be very soon... in this week I expect a big sell off beginning and will last over next few weeks.
Have a nice day everyone
No comments:
Post a Comment