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| So much for four days of gains. The SPX was hammered losing 30 points after China's economy cooled, poor ISM and ADP data. The US economy id falling off a cliff and there is no end in site. That coupled with the expectation that QE will end June 30th the algo's were selling everything. The selling was orderly and without panic, only two ticks greater than a 1000. |
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| Volume was heavy during the sell phase of todays session |
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| The advance decline line is still in an uptrend, only 13 issues advanced while 465 were down! |
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| Bottom end of range while the Mac O is top end of range hence up down up down craziness if you take out the computers and news and fundamentals, madness! |
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| dollar sold off then reversed, confused? |
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