Lof of doom and gloom from the crowd yesterday..Im not sure that 1 day turns into a gamechanger or a trendchanger. for the love of tits we been up everyday for a month goto have a nice down day sometime. seems like we are still pingponging between support and resistance…soone enough someone will grown enough hair on their butts to win this game. We held up at the 20dma and also reversed at SPX 1132 which was the bounce point from last tuesday. underneath the hood..there are still a ton of technical divergences and many leaders were.
The good news is the crap carnival was in full force yesterday ton of big breakouts in smallcap reits, finnies.