This week's highlights
- Market structure is holding steady beneath the surface. To be sure, its not great, but as we've been saying, its also not bad, all things considered.
- Shorter-term structure is where the pressure is and until we see stability there, we're open to a test of the 4200 area by the S&P.
- Looking a bit further out, we remain optimistic that the performance gap between mega caps and everything else will begin to close once this corrective period. . .