Wednesday, October 12, 2016

If It ain't nailed, don't keep it

I was going to post a few signals, but pretty much everything is a sell right now.  Keep in mind there have been several sells on this over the past couple weeks and it reversed the next day.  I'm just posting this one chart.  I noticed AMZN had a particularly selly chart.

So I'm going to play this by hoping for a opening about where we closed and then probably go more short stuff.

On the weekly array, if I read it correctly, the next turning point should be next week, so this current drop should continue until next week sometime. 

At this point it looks like we should be short over the weekend, but don't quote me on that.

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