Things Look Very Bad, But Too Late to Short

by Chart Swing Trader

I have a thousand thoughts spinning in my head right now so I will attempt to get them down as best I can tonight. Let's start with the obvious. Things look downright awful right now. We are just about to break through some very important lows to the downside, which could happen with another gap down tomorrow (a good possibility based on the Intel news). Normally, I would expect a bounce and that still might happen, but I see many reasons to be quite bearish here even though we are oversold.




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