If you’re a bear of course.
After years of suffering for short sellers, the bears have awoken from there slumber wishing complete death upon stocks. The technicals are starting to favor lower prices, so we’ll see if the bears can press it here.
Here’s a look at the daily chart of the S&P 500:
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In other news, the iBankCoin conference is about a month away and you should be ordering your ticket right about now before the event sells out.
From what I’m told, there is an added bonus to locking in your ticket now. For a limited time, upon buying a ticket to the iBC Conference, you will receive 1 free month to any iBankCoin premium service. Or, if you purchase an annual membership to Exodus, 12631 or After Hours with Option Addict, you will receive a free ticket to the iBC conference.
Get your ticket now HERE.
Yes, indeed, what a time it is to be alive.
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Summer is always tough to trade and every year it’s the “this time it’s different” crowd and their charts and credit history, etc. Sorry but it’s not. Bears gonna get rapped again thankfully and fuel the DOW 19345 rally by 2017.
Nice Drake and Future reference.
30min view: http://charts.stocktwits.com/production/original_42947631.png?1442865067
Sure looks like an epic bull trap on Fed day, but we shall see. Epic times indeud.
indeed it does.
Up we go! Next leg up. You’d know this is you joined Exodus.