Beskrivning
⋅ 50 SMA @ 4678
100 SMA @ 4576
200 SAM @ 4423
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Dip Buyers continue to look for a Relief Rally.
None has arrived.
The Selling is far too committed.
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Losing 4575 implies the 4550 better hold or it's going to turn
far worse for the Dippers.
TNX / TLT
New 10 YR Highs for Yield
TLT smoked to near our initial Target of 139 - a few ticks away.
134s then open for TLT on the run to the Extension, should Yields rise
through 1.912.
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The Es has some catching up to do with the NQ, as it is being dragged
down again - it may well exceed the 8.77% prior declines Lows @ 15152.
The Dow blew up as Banks are warning / missing - GSCO missed by
a mile.
China thought it might be wise to offer Powell some advice... that failed.
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Failures are everywhere, except for Crude Oil.
The ES has broken the speed downtrend line... just nasty.