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I would be very worried if I was long this market with what I’m seeing in the market internals. In this video I mostly stick with the NYSE, NASDAQ, VIX analysis using ┬áKeltner Channels.

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“Mature understanding of and respect for risk is the hallmark of the best traders. They know that if you don’t keep an eye on risk, it will set it’s eye on you.”
~Curtis Faith

3 Responses to “Markets Ready to Confirm Downtrend”

  1. Paul Says:

    By some element of luck and a “gut feeling” I was lucky enough to get out of the shorts at the close yesterday. (actually at a small profit). I find shorting the most cruel game of all.
    BTW, I did make some money going long on your MHR recommendation. Would be very interested to see when your signal turns.
    Thanks

  2. jeff pierce Says:

    awesome news on MHR….big day for that stock today!

  3. pg Says:

    It looks like volume was down today on the US exchanges.

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