We sold off something like 300 points on the Dow in the last 15 minutes of the day. Check out these two charts of the Dow Jones Industrial Average and the S & P 500, notice the similarities in the two? In the past 2 1/2 weeks we've had two enormous rallies that were followed by bearish looking "consolidation" down day candles. We're still stuck in a range and we're not getting the conviction follow-through from these +800-point rallies.

1 comment:
nice charts
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