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If you're looking to go short now, buy the VIX and hedge it with a short ETF.
I would wait to see what Monday and Tuesday bring, in terms of price and volume, before shorting the markets right now. It's hard to determine whether thetrend in Tech has broken or not. AAPL and AMZN are slowly breaking down.
Any close above 1075 on the S&P either this week or the next will push us to 1130. Close below 1040 next week, I think we could test 990-1000 fairlyquickly.
All IMO.
I would wait to see what Monday and Tuesday bring, in terms of price and volume, before shorting the markets right now. It's hard to determine whether thetrend in Tech has broken or not. AAPL and AMZN are slowly breaking down.
Any close above 1075 on the S&P either this week or the next will push us to 1130. Close below 1040 next week, I think we could test 990-1000 fairlyquickly.
All IMO.