*click to enlarge as always.And damn I was having such a fine day til I got back to office and saw this mess. Well, there is always hope isn't there? GS comes out and warns on 1040 (bear trap? they cannot be trusted for anything!) so we swoon to 1035 but close at 1041.....
15 90% days 10 down 5 up since APRIL!!! and my guess is today was ANOTHER 90% downer......do you usually get 11 90% volume downers and only 5 uppers in a BULL MKT?(and Im not even talking ENTIRE BULL or BEAR DAMN...this is just since APRIL!!!) I don't think so, VIX staying elevated. NYA already signalled 50/200 cross.
Evidence is piling up we are in sinister times here, all is not lost, but this is NOT the back drop we wanted after all GOV and FED have done, no sir. NO SIR!
D
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