Monday, April 18, 2016

Is it time to Short the market? Be aware of Altitude sickness.

Remember you heard it here first.

Market keeps climbing with the Dow closing today above the 18000 psychological level. Despite all of that I believe it's about time to start preparing and building new short position at current market levels. I do take in consideration that the Dow can still move up a bit higher but the reverse trend is around the corner.

Our initial target from current level is 1000 points profit on the downside.




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