Interesting day
Two consecutive > -1% down days in the S&P 500 Index (SPX) and some significant oversold readings failed to produce a bounce today.
Read MoreTwo consecutive > -1% down days in the S&P 500 Index (SPX) and some significant oversold readings failed to produce a bounce today.
Read MoreIn Following tactical indicators for correction playbook we highlighted how our two most sensitive indicators were on the cusp of suggesting at least a temporary bounce.
Read MoreOur most sensitive tactical indicators are oversold.
Read MoreS&P equity futures are trading modestly above Monday's close, amidst a broadly negative session in Europe at this time and Asian shares ending sharply lower overnight.
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