This was an interesting chart of the day today:
Since the 2008 crash, US stocks are about 10% above the pre-crash levels. China is still in the dumper, indicative of the lunacy going on over in that neck of the woods. Apparently, India is the latest stone to drop.
If there ever was a zone for this market to roll over, this is freaking it.
Fed minutes rocked the market for the 1st time in quite awhile. The shake and bake is probably bearish but who the hell knows. The daily is in a firm grind lower for now, as the world continues to go to pot.
Range was 18 points today. Up a little but, but volume not up.
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