I think we are about to start going down in the stock market. I have short term sell signals, and we are right at the 2.0 std deviation on a 6 month regression channel on the upside. Whether or not it will be the beginning of a big drop or not I have no idea. However, I will be shorting the S&P on Monday contingent upon certain opening parameters. Then it will depend on the opening as to where the orders are placed.
I am not going to give all of those details out here, but anyone who is inclined to try a short entry, this is a good spot in my opinion.
