Wednesday, October 9, 2013

covered /es short @ 1645

I am not bullish, I am just expecting a pause that refreshes. We might even drift a little lower but make no mistake I am in full on bear mode. The Dow is leading us lower and yesterday it broke through some key support areas. We might try to test the underneath of these zones. That's where I'll look to put shorts back on. The nasdaq trin and tick data are both extremely oversold.

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