Just a very quick update as I'm going to business meeting today.
The markets made a sharp gap down , but then reversed over the day into close and were only down -1% by close.
The thing is all major indexes made a daily SELL signal which means the short term trend is down now so you should be expecting more downside.
I think this is the start of a big move down to below August lows at 1100 and possible 1000-1050 and staying patient short.
Still long EDZ , DRV , TZA and my ZSL(doing well)
Watch problems in Greece and watch the FED meeting which is a big market mover next days....
Expect the unexpected to happend !
It's that fed meeting that is a worry for the short side..
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