Hedges removed...then put back on!

Another wide range...S&P closed at 1320...morning high was 1324 afternoon low 1310

Early morning ramp up to 1322-24 had me take hedges off when it was apparent it was reversing...fully short again....

then into the afternoon lows around 1310-12 I put all the hedges back on....so back to mkt neutral....volatile market, you have to roll with the punches...you can not get lulled into sleep by your position....

Here's a few charts that paint the picture of the tape...many charts that broke down over past week/two and have no thrown back perfectly into resistance/breakdown level and appear to be reversing hard from those levels (very bearish)....top 2 charts...

Than a few broadening top charts which are uber bearish as they ultimately end in a precipitous fall...bottom 2 charts...