In case you were unaware the market is at the very tipping point. The penetration of the 200 day moving average is traditionally, in bear markets, a bull trap. The rally is getting a little long in the tooth. Additionally price is right on the neckline — a perfect place to turn back. And, according to Karnak’s crystal ball the next few days should see increased volatility. Maybe a lot of volatility. Powerful down bars would put us short again, and we think it is imperative that investors have some shorts in their portfolios at this moment.