THE CLOSE

Market tried to rebound before a late sell down. It feels like we hit an important point after the 300 point up day. Maybe that was somewhat of a climactic day in where for now, that’s the high. After all, markets are extremely extended. Just understand that any pullback at this juncture would be normal. If things worsen, we will let you know.

Not much else stuck out. It was good to see the important SEMIS reverse after early ugly and so far, the FINANCIALS refuse to budge…just minor pullbacks.