Smash and grab trades are not for the faint hearted.
Going long on a signal proved risky.
The Nasdaq is the bellwether of things to come now.
Finally, today saw a shift in mood for the big boys.
We need follow through for this down move today...it will come.
There is now an extreme setup for a plunge.
Although today was a warning to the bulls.
Any close below the red is a clear signal to exit their positions.
A herd has built up in the Nasdaq and led the markets ever higher.
Will this herd turn to a stampede for the door?