Red

I had one more position, way out of money for january and I just sold that too for little profit, cause I think the panic is over, and if today is the day when market goes all crazy, so be it…
I have lost so much being a bear in the past three months that now I try to recuperate in small steps ( so I can loose another big chunk again LOL)

Interesting sell off.

I guess things will continue to happen when we least expect it.

That video you posted a long time ago did mention November 21st I believe.

I already did in the morning for a small profit, I didn’t tink they will drop it this much…

After this gap fills, I do expect a rally the rest of the week gang… so I’d close all shorts just to be safe.

guys, it may fill in the gap

Bear flag is being tested

Yeah, no matter where it closes today, I expect a rally the rest of the week. Don’t know how high of course, but enough to squeeze out the bears I’d say.

the number of puts on weekly spy(119) are more than double the calls…(120,121
seems like a lot of bears are coming from the woods

Looks like a bear flag forming on the spx to me San. Plus, any slight rise could also form an “MA” pattern, with the M already formed and the left side of the A forming right now. Once complete, a move down to form the right side of the A should takes us down to the next gap fill.

Dow Jones hour chart
http://niftychartsandpatterns.blogspot.com/2010/11/dow-jones-chart-with-ichimoku-cloud.html