That's a good observation. Thanks. 

    My question now is. After this bounce,Which of the indexes and sectors has the most to fall (IF this is a major wave 4 down)? Thanks

     

    well it's generally positive when

    Posted by matt on 8th of Aug 2013 at 12:16 pm

    well it's generally positive when the techs lead - QQQ's at intra day highs - straight up, straight down LOL

    Yes, somewhat odd, in that

    Posted by cubby on 8th of Aug 2013 at 12:01 pm

    Yes, somewhat odd, in that a strong dollar favors tech, and so, a weak dollar - like today - should have the 500 do better than the QQQ. Markets are confusing when leadership and trends are changing. FWIW.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!