Did you short yesterday’s rally? If you had, credits to you!
For those who have not realised, the market is really bearish now as almost every single rally gets shot down. All these rallies have not been sustainble.
Shared this in my video:
My personal take is that the current trend is bearish, and I wouldn’t fight the trend, and I definitely will not fight the Fed. This means that even if there is a mini rally leading up to the earnings calls in Oct, it won’t get me excited...