This a bounce in a bear. There would be no reason for longer term shorts to be nervous unless a long signal provides itself or we close above 1940. ---Shorter term folks could easily have exploited my call on the hourly chart yesterday for currently 34 points and as much as 42 pts.
Thanks for posting. Personally , I don't like taking part of the trade off. I think it chokes off profits in the long run. Nice gain though.
Looking for the next push to get us to the 1740 area and then if we close below 1730, we'll likely head down to 1280- 1320.
ok. 1940 is easy to see that's Tu 1/12/Wd 1/13 HOD. ya breaching that i'd say we got a problem houston. ?
this entire month of jan 2016 is so ugly, do you think we could 1900 today; humor me who would get hurt? we'd all (shorts & longs)feel better about the market shorts are scared tis won't continue, longs are scared this will continue down.