I'm bearish. Really bearish. Big surprise, eh? But, honestly, the charts are looking sensational.
The one bullish chart, $SOX, seems to have had its run. And the one risky chart, $TRAN, looks kind of Fib-bound to me, and is approaching (at best) its next resistance level.
I'm pretty excited about where things stand now for the bears. Take that as a contrary signal if you must, but that's what I'm thinking.
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