Here is a bearish alternative to watch out for. If we get a tightening range into CPI, failing to reclaim any substantial levels, followed by poor CPI readings, then we might see the market roll over
Trade closed: stop reached:
I think it's fair to put this one away. It's interesting how everyone gravitates to the bearish ideas at the lows... we could still see a strong fast sharp move down to range lows, but on technicals I'm looking for 22 regions, unless we have an intervening event such as Credit Suisse or something major, which I don't foresee over the coming week, but then again, no one foresees these things, they're black swan events.
