Replies to post #138594 on ajtj99's Market Pulse

[ajtj99]

This is all happening a bit quicker than I anticipated. I thought they could hold things together into Feb, but it's not happening.

The banks are absolutely getting killed. Margin calls are probably going to start kicking in again on other issues.

The set-up that would make the most sense would be a test of 741 SPX to get the double bottom buyers in, only to wash them out with a lower low in the 680 range.

[ajtj99]

HFTOM. When one index tests the November lows, all of them will. NYA should not be exempt.