I am out frank. I see yesterday's move as an upthrust(UT) now; bearish. Diagonal supply line on the NASDAQ was UT'd price back below now. NYSE and SPX UT'd as well(horizontal supply lines), now selling off on volume. We are headed lower. How much lower? Let's see what the bears have as far as convictin. So I am out. Will stand aside and watch for a while. Was setup for the break out that did not come. Oh well, off to do my taxes.
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