The markets this week have continued to exhibit high volatility, however the majority of the days have shown weakness into the close. There are lots of charts out there showing either existing downtrends, or setting up as potential short trades, in equities, commodities and currencies. The only fly in the ointment currently is that extreme level of volatility.
If you are able to harness the volatility, then the next couple of months could be a shorters' paradise. Of course, there may well be significant speed bumps along the way, with intervention by major economies and governments, but the parallels in the charts for August and September compared to October/November 2008 are worth looking at.
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