Plans for bear markets
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Would be curious to see what the short-term implications were for a kicker that is hitting at a 100+ day low. I noticed the +2% move today on QQQ within a 100 Day low and short term it's been bearish as hell. I exited a bunch of crappy trades today, but nothing out of the ordinary for the mean reversion stuff I trade. Most of my stuff is bullish here, but I don't like seeing the big move up in one day like that - that's a big knock on the turn IMO.