Hi, traders - here's the mid-week video. Sunday's post discussed the reasons I was not bearish going into the week and the action has certainly played out that way with the market putting in three straight positive sessions. So why am I back to being bearish in the short-term? Well, I discuss it in the video, but there are technical reasons to be very cautious here along with some divergences on the main indices. There is also the simply "two in a row" idea I discussed on Sunday. I share some potential short setups in the video as well as the levels and type of action that would have me reconsider my outlook for the rest of the week.
I hope you find the video helpful and informative. As always, feel free to email me with questions or comments - I enjoy hearing from my readers. If you like the videos, please take a moment to leave a review on Investimonials and feel free to retweet the links to your friends. I would appreciate it.
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