sp'daily5
Summary
*awaiting GDP data... although its just a revision, and should be largely unchanged.#
--
So.... can the equity bears make it five in a row? Another net daily decline looks far more likely than not. I see a few touting renewed strength, but really... how is that going to happen, not least since we saw a sig' bounce yesterday anyway from 2045 to 2067.
Certainly, a break under 2040/39 looks due...and could certainly happen today. Once that occurs... next support is 2020/10... where the 200dma will be lurking next week.
--
End week doomer chat from Hunter
--
Have a good Friday