Major trendline violated and now serving as resistance.

Market has been finding support along this trendline since 2011. It fell below it in August and is now finding resistance, closing on/below it. I believe we go down from here. I'm shorting a few stocks, have a couple leveraged inverse ETFs and have been trading puts. If we continue down next week, I've got a few more names I'll be watching.

Also on:

Disclaimer