So What Do We Do?
Continue to keep an eye out for a short or two but realize since they “slide faster than they glide,” it might be a little too late for this cycle. No worries though, I would imagine that we’ll see an impressive bounce from oversold soon. This will give you a chance to put on some shorts. I don’t much care for the short side but as a trader, if you can’t be with the trend you love, love the trend you’re in. As usual, take things one day at a time and keep an eye out for signs. They are there.
Best Of Luck With Your Trading Today!
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