Today was another down day in the Stock market but to me it finally felt as if things were actually slowing down or stabilizing. The Small Cap was actually down the most at .4% and the S&P down just .16%. The interesting news was that the International Index ended the session slightly up at .33%. The S&P and Small Cap CBL’s re-entry points were lowered on the indexes. If price does rise above those points, it will be consider a very high risk re-entry unless it crosses above the 50 day moving average at the same time. Another sign that things might be slowing downhill slide, bonds actually closed lower today. There is also no volatility according the VIX index either, so some really strange divergences happening at the moment. Best to sit out and just watch the show.
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