The closing hourly index cycles...
IWM
Dow
Sp
Summary
A pretty brutal day of consistent declines, even the closing hour failed to provide what would often be a moderate bounce.
I will probably state it hundreds of times in the coming few months..but this market is now in real trouble. There will be bounces along the way, but I sure won't be going long ANY of them.
--
Maybe more later, but after what was a failed trading day, I'm probably even more displeased than most of the bulls.