Todays intraday reversal we feel is important resistence.
We just came off the highs dramatically in all markets after Yellen speaking at Jackson Hole. We think these highs are meaningful, and are using them to be short against.
Use buy stops on all short positions at todays highs on each position.
SPY, VNQ, TLT, AAPL, USO, SPG
Lets see if we can finally have some selling come into these markets…