Needless to say the market is in a bad shape, and it seems never too late to start short, and it's safe to short at any level. On the following SPX daily chart, the SPX is approaching my target of 5 of 3 of 3. Nothing to be excited.
XLF is also on 5 of 3, definitely we need a new high. Right chart is SKF, and I am waiting for 200-210 to short more.
Nothing interesting on 60-min and 15-min charts. Light volume, Chaikin oscillator also looks a bit fishy.
Surprisingly /ES is still in the down channel.
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