Red Bar

I'm a total wimp   I proclaimed that I could "feel a red bar coming in my bones" but yet didn't have the cajonies to share the call.  And I just want to remind myself to trust myself.  Nobody else will, and if I don't trust myself, then I'm a day tripping trader wandering through the woods, throwing rocks at wolves.

And nothing more!

Today's down move lacked strong structural confidence.  So that's a worry.  But the last couple of big red bar days of serious high confidence got bought and retraced.  So, I pick my poison here.

Equities today were seriously distributive.  Small caps lead.  Something about it felt "different this time".

With a potential double top here, a plunge back into the range could be a major multi-month topping possibility.