Futures this morning gapped up handily -- almost 17 handles when I awoke from my slumber. Everything was higher.
And then, crap. Actually, there have been 3 other bad closes in the last week. One gravestone dogi, two other "ugly" candles. And then this nonsense today.
We need a full candle closed below the 200 DMA to feel "excited" about being bearish again. Until then, I'm not sure what to make of this.
I do know that Gold rolled over like a dead dog, and that doesn't really excite me considering the amount of gold positions I have.
Time to load up on SDS again?? Perhaps.
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