Do we have to say it again?
OK…we won’t. We’ll just let a 584 point-2 day yonking this week speak for itself.
Not saying we are not just going lower but after 584 points down in 2 days after the first big bounce off lows, time to kick back again and see how things play out. Just remember, every day market stays down is another day moving averages play catch-up on the downside.
No leadership, more damage but have the sneaking suspicion recent “bad print” lows do not get taken out just yet. Would not be surprised to bounce up a couple hundred in here but if they do crack the lows, just means market is double ugly. Bulls in prayer mode right now.