Market Still Rotating
Wednesdays technical sell signal is probably the most important factor at the moment. While it is not a major signal, it still points to lower markets short-term. If the market closes higher today, basis the S&P, and yet remains under 905 we will get a little shorter, around 20 percent.
The EMA ETF Fund Nav was 1159 at the close yesterday.
6:44 AM CDT