Our suspicions with the pattern failure yesterday were correct, the sellers were building their case.
High confidence sell day today with beta leading lower.
Big caps are still in the zone where a buy response could happen on a dime. Same with small caps, although that index looks a bit more toppy, having based for so long.
If sellers are going to come in and gun it, no need to be a hero and fade. But in this market, you have to keenly be prepared for short squeezes.
