SPX SHORT ACCUMULATION OPPORTUNITY
Well guys.. the divergence started right away.. The volume leads the way..Both equity to derivatives..
It's amazing to me that on rally days the problems globally are forgotten..Are these people high..I find it hard to go long on equity at this time..
From the largest shippers to the largest most popular phone and gadget company lowers by 10 billion to warnings that it's harder to maintain profit margin..WTH
Manufacturing has pulled back to 2008 numbers..
Because the FED agrees that the global economic contagion could reach our shores and they may react to the data. So people jump hand over fist to get more shares of the overvalued companies???
No matter which way it goes i will hopefully continue to pick up the markers before it happens so I CAN TRADE IT..
For now I'm bearish
It's amazing to me that on rally days the problems globally are forgotten..Are these people high..I find it hard to go long on equity at this time..
From the largest shippers to the largest most popular phone and gadget company lowers by 10 billion to warnings that it's harder to maintain profit margin..WTH
Manufacturing has pulled back to 2008 numbers..
Because the FED agrees that the global economic contagion could reach our shores and they may react to the data. So people jump hand over fist to get more shares of the overvalued companies???
No matter which way it goes i will hopefully continue to pick up the markers before it happens so I CAN TRADE IT..
For now I'm bearish
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