Then there were 3 - September, October and...

25 Sep

Then there were 3 - September, October and...

Vix (VIX 24.95 Up 6.22%) pushed up towards 25 in overnight trade despite positive jobs data.

The housing data in US was negative and saw the market weakness continue when a reversal kicked in after Fed comments on Wednesday.

The technicians and so called fundamental(ist)s seem to be in sync regarding market direction over the coming days.

So the question is do you unwind your longs and wait for a pull back and jump in? Or do you go short?

We are short this market with tight stops.



a top-down image of a golden Japanese Koi fish