Last 3 weeks we have seen steady and persistent selling punctuated by few days of positive breadth day.
But so far the T2108 has held up well so probably indicating a pullback kind selling.
TVIX is something to watch , if it has follow through selling will spread. So far most spikes have been a failure.
Overall all things point to pullback in market after a torrid move from bottom.
Not enough evidence to be super bearish. I remain acutiosh and very lightly invested and trading more on intraday time frame.
If sell off continues “strong structure” stocks will be vulnerable to selling . So for shorts will look for fading strong moves.
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