Major trendline violated and now serving as resistance.

1 нояб. 2015 г.

Market has been finding support along this trendline since 2011. It fell below it in August and is now finding resistance, closing on/below it. I believe we go down from here. I'm shorting a few stocks, have a couple leveraged inverse ETFs and have been trading puts. If we continue down next week, I've got a few more names I'll be watching.