Short squeeze boom is done, entire market is in red except for the 4 king 'FANG' stock. 'Facebook', 'Amazon', 'Netflix', 'Google'.
Low risk entry into shorting the S&P here, down into the lows of August/October.
Regardless of what Yellen says on December, it does not matter. The FED do not have control of the market, people are just focusing on the past.
No one is buying the dip here.
Will be looking into buying PUTs/sell call spread for 'FANG' into January - March 2016, with an expected fall of 20% from the current price.
Nasdaq bearish divergence at lower T/F:
Low risk entry into shorting the S&P here, down into the lows of August/October.
Regardless of what Yellen says on December, it does not matter. The FED do not have control of the market, people are just focusing on the past.
No one is buying the dip here.
Will be looking into buying PUTs/sell call spread for 'FANG' into January - March 2016, with an expected fall of 20% from the current price.
Nasdaq bearish divergence at lower T/F: