S&P 500 Trying to Stop Going Down

١٢ فبراير ٢٠١٦

The long lower shadows of the last four weeks clearly show a market trying to find a bottom. Thus I see no reason to short it anymore for a while. After some more struggle I expect to see prices try to recover. Then I will re-assess because considerable shorting opportunities could easily arise. Long term I expect to see prices go lower.