He’s still in 43 shorts but these charts show some of the best setups getting oversold.
Even though we had ad bounce in the market, leading to a green ES and NQ, Tim turned out another nice profit in his shorts.
FEEDWhen’s the bounce? When’s the bounce? Who knows. I was playing around with SlopeCharts‘ new indicator dialog, and I like what I see with the 75-day Bollinger Bands. Looks like we may still have some elbow room to the downside.
A long term pattern with ominous implications.
His biggest regret lately has been not sticking with some of the most powerful short sale charts.
I’ve been bearish on retail for months, as you know, particularly by focusing on XRT.
The 200-day exponential moving average is being challenged.
In this totally fake, propped-up, fraudulent equity market of the past decade, one part is such horrible condition that even the pinheads in D.C. can’t prop it up is the oil and gas exploration sector.
I present to you American Outdoor Brands Corp., which I just shorted.
I guess with all the success the bears have been having, the bulls had to take their revenge at some time or another. But we still have a beautiful setup.