IWM, bearish
Dow
Sp, daily, 4mth
Transports
Summary
The MACD cycle (blue bar histogram) is indeed set to go negative cycle tomorrow. The algo-bots will doubtless be programmed to sell into that type of signal. At some point we are going to take out the recent sp'1266 low..and then move to 1225/00. The early part of July..starting next week no less, will be one VERY busy time for those shorting their way to sp'1150/00.
I remain holding short overnight..and indeed, seeking my next exit (my third post-FOMC short-trade) somewhere around sp'1300/1290...late Wednesday..or Thursday. I really don't mind ;)
A little more later...