No matter what your charts are saying ...this is a Bull Market...but even Bulls have to rest. There are many divergances and there is seasonality. We have allthe sentiment and precedents to have a 3-5% correction starting from the 948 highs back to 900.
We have been starting to get agressive with our shorts and depending on our indicators that have hit (but are now more neutral) extremes. So we keep throwing mud on the wall until we get a win or get stopped out.
The market as they say never lies ...this one tends to be backstopped by something that does not smell good !
Updates all day ...thanksfor being on the TTT team !
Tom
