Quick post tonight. The Dow and S&P 500 closed below their 200-Day MA’s, with indicators pointing lower. Looks like we have more downside.

These bearish markets make some nice late day rallies in the 3X inverse ETF’s. I had a nice day trade in FAZ. See this page on how I day trade these. I have no interest in swing trading this sickly market until we at least see some support.