sp'daily5
R2K
Trans
Summary
The week ended on a very negative note. Although it was quad-opex, and that was a primary reason for the extra selling into the weekend.
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Not only was there significant downside follow through from Thursday, but most notable of all.. the Transports broke a new cycle low of 7361. For those that hold to the 'old leader' as a market leader.. price action sure is increasingly bearish.
Best guess... renewed upside to the sp'2100s... but there appears increasing threat of an epic rollover in early 2016.
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a little more later...