The Market Is Bearish

August 16, 2023
Author: Peter Stolcers, Founder of OneOption

Favor the short side, but don't be aggressive. Be patient and pick your entry points carefully.

PRE-OPEN MARKET COMMENTS WEDNESDAY – In yesterday’s comments I mentioned the fundamental reasons for market weakness. Please go back and read those comments. From a technical perspective the market is weak and I want to focus on that this morning.

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