In June/July, we saw a bullish RSI divergence... next thing you know, the market rallied almost 200 points!
Now, notice the same exact set-up, except this time it's bearish.
Just be mindful of the adage, "Don't Fight the Fed". They're pumping so much money into the markets that you could get steamrolled on a short trade.
Then again, if you don't believe in following the news and you think the charts tell the story, this is a no brainer trade.
Manage your risk accordingly!
(CLICK TO ENLARGE)
