sp'daily5
R2K
Trans
Summary
Arguably, the most bearish aspect of the day was the 'old leader', Trans, which actually managed a fractionally red close, despite the mild hysteria in the headline indexes.
So..where now? Bulls have been trying for 3 days to break >1875 - which for me is the top end of a possible RS of a H/S formation.
All things considered, so long as we don't gap open >1875 tomorrow, equity bears should have opportunity to push the market lower into the Friday close. After all, who wants to be going long, with continuing geo-political rumblings?
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a little more later...