But it doesnt change anything. Really.
Only 15% bulls in sentiment. That usually brings us a reversal in a few days (but not always)
As soon as VIX will show a nice retracement, the market will pop. I assume it will make it as shown on the chart.
We might see the 2180 soon. and i even believe that this impulse will bring the most endurant investors to the 2300 zone in 3-6 months.
So long from here and add on 2040 if spotted. anyway we'll bounce back.
They'll short, got stopped, short higher, got stopped... so we'll grow on short squeeze at least.
And the sleeping bulls will soon find out that many stocks are VERY CHEAP and start their buy-buy-buy action.
I hope to see that every day in next 5-7 days.
Elections, they say. But it doesnt change anything. Really.
Closing ~1/2 of my longs. Putting trailing stop on other half.
p.s. don't like that we stuck here. That might reactivate bears in next sessions.
p.s. closed all longs before the Yellen speach.