If you picked up last weeks letter where I covered the defensive posturing in Financials, Healthcare, Energy, Retail and the Equal Weight S&P500, hopefully you managed to sidestep a lot of last weeks carnage and hopefully the trade idea for SARK was also useful as a hedge.
In this weeks letter I’m going to get into the possibility of a tradeable bottom and share with you some of the charts and data provided to our clients / members at the weekend.
But lets start with this damn correction and whether it’s over or not.
Drawdown Numbers
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