Sometimes patterns work and sometimes they don't. I went long yesterday after the market broke but I'll remain nimble because I don't trust this rally. Lost a few bucks but no big deal.
Look at the 6 month chart.
Sentiment: Strong Sell
We're right at the top of the right shoulder and heading lower. If you can't see that, you're blind. Could it be a fake out, maybe, but it's a real good place to get short.
Set up perfectly. Look out below.