This another chart which was discussed in Chat (getting long TWM) and sure enough, today we have a huge 400 point outside reversal day in the Dow. Not good for the bulls at all. There seems few buyers a these elevated levels and couple that with a bull flag in oil (vix) $OVX and transports/banks rolling over and.........yeah, I'm short smal caps as well as many other names. Check out our "short trades" category Stayed hedged or get to the sidelines.
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