Time to Hone Our Bear Chops?

When I introduced Camouflage Trading two years ago, the Mother of All Bear Rallies was already a year old. As such, we haven’t gotten much practice applying the technique to trades from the short side. Is it time to start honing our chops in anticipation of a resumption of the secular bear market? My answer is no, not yet, for reasons that are made clear in this lesson. We also deconstructed a trade in gold that had been recommended the night before, and then finished the session with a look at Crude Oil futures.