Our Ally the Arrow

By -

I have been ramping up my positions. I have 90 – count ’em – 90 shorts. To be honest, there were dozens of other potential ones, but I picked what I felt were the best.

I know how smart all of you are, and it is likely you would deduce I am bearish. I would like to offer the following charts, illustrating what I perceive as important repulsion points.

EWJ
IWM
SPY
URPO
XLB
XLP
XLY
XRT