SOME kind of PITY rally is NEAR....might be worth a scalp. This makes 6th 90% down volume day since JAN....friends this is HIGHLY IRREGULAR (if not rare) during a BULL MKT? not one 90% up day salvo fired in response.
20 cross over down thru 50 EMA , this is first cross (last one was up) since Sept 2010 !
VIX to 18.54 shows LITTLE FEAR. SO even as a VERY ST rally may be approaching, this decline is part of a much bigger correction (may NOT be bear kickoff....but then again....)
TRANSPORTS off 1 3/4% , have been in front of decline.
Maybe after near NON -STOP rally from last Sept....this is ALL just part of the game
Price is back to NEAR March lows....but VIX then was near 30
Duratek
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