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What do you think of this major rebound?

Because we get too caught up in the action… LOL.

I am short till at least 1240 on the SPX. At least. I don’t know why you guys didn’t see the big shift in direction. Its not like you weren’t looking for it.

I’d say we are on our way to the spy and qqqq FP level.

We are now below the 100dma on the spx… big institutions watch that.

Yes, we did. I went short again. Hate to go short when we are so oversold, but I think she’s going down more.h

Red, we covered our shorts too soon….

Looks like we are about ready to breakdown here…

Yes, if the 15 minute chart would ever make it above the zero line it, when it rolls back down the markets should take out the current low I believe. Could be at the end of the day or tomorrow morning on a gap down?