Bears Crack Another Layer of Support

9:00am (EST)

The bears continued with their winning ways as they turned a snowball into an avalanche to bury the bulls by the close. The market struggled early and often on Tuesday as the major indexes fell nearly 2% and below another layer of support. The charts we have been showing you for the past few weeks have been spot on and yesterday’s plunge was a beautiful thing for our current portfolio which is loaded with put options.

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Bears Crack Another Layer of Support

CFTC Disclosure: