There is a fundamental in markets that has been broken, and that is that the shorters in markets have stepped up their assault on most of their portfolio's, that chart is only a chart.
When you have a market that has risen so much over the last 7 years and you have a little corrective burst downwards. Most investors will wait if they have experience.
But this time the shorting has become so prevalent that it has become central to all traders.
What I have described is actually indications of a major correction, and it is expected by a lot of traders because no one is buying like a frenzy any more, and shorters have to cover their positions and so down she goes.
Just like the chart posters is asking of you, does anything i'm describing ring any bells.
Could be more dark weather, I hope not but everyone is cautious. And it has the feel, does it not.
