Markets are looking scary but there are a lot of technical indicators which point to a short term bounce. In fact there are those who follow DeMark indicators and they think we are up for a 3-4 month Bounce.
So while there is no gaurantee that we will stop going down , for traders like me, there is enough evidence imo that we will see higher prices. So I would not short anything here and buy a few things which look good for a bounce.
Trade small and quick, more later.
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RTO Gets Serious: October 1
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