Well, I am seeing some UGLY stuff this morning in the charts. I mean U-G-L-Y.
The P&F for the "S" is showing me that right now we're on a brink.
IF the "S" moves more than a 1/4 percent lower, then we're into a freefall zone- and the possibility of a 10% pullback looks very real to me. The possiblity of a 20% pullback is also not out of the realm of possibilities.
Do I bail out today?
Ouch.
We'll see what happens today. Very telling day.
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S&P 500 (C fund) 1d 5d 3m 6m 1y 2y | Dow Completion (S fund)
| EFA (I fund) 1d 5d 3m 6m 1y 2y | Bonds (F fund)
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