Bear Flag

This looks like a bear flag to me on the hourly chart. Also the internals are not that great. Going to wait until the close for my purchase.

Looking at the Spy April $107 puts. Will swing these over the weekend.

The TRIN has been heavy all day and the call buying is healthy. The Dollar index has held above $80 and Gold has yet to reach yesterdays high. China will be closed all next week providing them with a safe haven from a possible bear raid. Also the lunar calender is adding to my short bias.

Come on BIDU retrace!!