Yesterday we added to our SPY shorts…

Todays selloff helped our recently added shorts on SPY.  We had losses on our first position, but added to our shorts yesterday.  Today feels like the start of a correction at least for a couple weeks.

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Wednesday, December 14, 2016What To Do?Short Term Short-term bears should stay short and lower stops to todays high. Short-term bulls stand aside.Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside.Market Trends:Intra-day: NeutralShort Term: UpIntermediate Term: UpLong Term: Neutral The stock market,…

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