The bears are showing some massive aggressiveness today and if you are short on this market like I am, coming into today, you like every thing that you are seeing.
Now the bears have to make sure A) Ramp Capital doesn’t erase 1/2 the losses before the end of the day B) That it can actually get some follow through unlike the last time we saw a massive sell-off get bought up right away the following day (see 9/12 for reference).
If those two scenarios that I just laid out doesn’t happen today or tomorrow, then the bears have a real solid chance at a massive sell-off over the course of the next few weeks and my short setups that I have provided you with below should do marvelously well.
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