Highlights
- The mudslide off the highs has cut through supports like a hot knife through butter, ignoring very oversold conditions along the way.
- In the decline, the MT Risk Gauge has down ticked again, this time to 6, putting it in the bottom half of mixed, adding to the appeal of reducing exposure into a bounce, with short exposure a consideration for those nimble enough.
- When the bulls are finally able to muster the strength for a comeback, they will now. . .