this is what happened

after last night’s post…

 

 

let’s have this simple.  market will touch 850 area much sooner than you expect…

wow

China SSEC market crashed first tonight…

 

if you study this market carefully, you will see that China market has lead the world market ever since 2006… 

crash setup

in both hourly chart and 15mins chart…

 

the edge of the cliff

this is a very very dangerous chart for bulls… be careful…

 

another step to crash

EUR is already in free fall mode.  stock market will follow soon and this can be as early as tomorrow…

load back

TZA, QID, TWM and MTL.

 

this morning, things just get cheaper…

the best setup in a bear market

is the major accumulation day like this…

 

i out some short positions this morning when we break out the neckline of the HS pattern.  if i were in front of the computer, i will definitely add position back at the end of the day.  so if the market gap up tomorrow, i will load up some bullets.

 

if we see from the bull side, 1140 is the target for this HS breakout.  once we can get there, then it’s party time for bears…

 

again, i never doubt the bear market is over though lots of my comrades changed their view along the way.  sometimes we have to keep some faith…