SHORT PALM $11.69
SHORT ARAY $5.35
SHORT CWT $35.25
SHORT SMSC $18.86
SHORT SYNT $39.25
SOLD DFS $15.39
Markets appear to be slightly rolling over as expected. Initiating short positions.
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Todays action confirms my expectation that the reversal was going to occer following yesterdays doji candle. Markets appear to be overbought, momentum is flattening/turning over, and we have hit double tops. I'm expecting a 3-4% correction to the end of November and possibly more should we take out previous lows. Be defensive right now and protect your capital.
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