This is setting up for a re-test of the recent lows at an absolute minimum. I have pulled out of all trades (again) as this is almost a mirror of previous crashes as indicated.
If I am wrong I will wear it and just pay more to come back in......I just don't think I am wrong this time, as I wasn't a few weeks ago.
Pumping it up so the instos can slowly and unknowingly offload at higher sp's whilst the unwary are lulled into a false sense of security. Look at MMX as an example of this toward close today and I am sure many others did the same.
Intra-day trades and cash only for me atm, definately no overnight holds. Once again the market is completely unconvincing and if this comes there will be no warning or chance to escape the cavernous, free falling gap.
Take care longs......this is nearing short (big) time.
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