Your Economy (No Politics)

[Bullwinkle]

Hi MM, yes and no... While we did see a decisive move to the the downside and I tend to believe we are at the beginning of a trend change, we need some more confirmation. Basically there is a lot of support below, which at one time had been resistance. Therefore we could see a steady diet of sideways movement before revisiting DOW 10K, SPX 1140 and COMP 1900. Next week we should get a better idea if a sell-off is at hand or more of the same slow grinding low volume movement we have become familiar with over the last month...