The rest of the day looks set for an interesting battle, with the bears aiming for a break into the 1770s, whilst the bulls fight to hold Dow 15800. Metals are weak, Gold -$5, and remains vulnerable into year end. Even the momo stocks are starting to turn red, ohh the humanity!
Seeking general weakness into early Thursday, before the next heavy QE-pomo.
A break of the 1779 low looks likely, but the low 1770s should hold in the current down wave.
No doubt, a whole raft of doomers will be posting apocalyptic charts this evening...as I like to say...
Don't get lost in the bearish hysteria!