Scenario is on Cue

The factors we outlined yesterday are in play.

The Bulls are showing their long term cards in terms of their lack of patience and fear of missing a bottom.

That provides short term volatility and weakens the prospect of sustaining a rally long term.

Watch for 2570 area over the next few days on the S&P to reset bear short signals.

Leave a Reply

Your email address will not be published. Required fields are marked *

two × three =