Bearish

The fact is the Bears are back and the Bulls are on the run. This trade is very scary and unpredictable. There could be another crash in the horizon. I say this because the market is trading scared like it did in 2008. When this starts to happen it is like a virus that takes hold of the market place. Until they get everybody out of the market, it cannot go back to normal trading. I believe they have to trade down to the low at 105600 in order to really see what this market is made of. The have to trade down there to prove to everybody that a flash crash is bullshit. The market really crashed and deserved to be at that price. Once this happens the market will resume to a technical trade, which I believe is Bearish. I am selling rallies until proven wrong. Resistance is 110525 and support is 108450. Below 108450 is 105600 and I believe it will happen fast.