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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (63984)	9/15/2014 4:13:00 PM
From: FCom777	1 Recommendation Recommended By Hawkmoon Read Replies (3) \| Respond to of 220921

To me, the bonds, NAZ, and Russell have already placed their bets - and it ain't looking good for the bulls - in my humble opinion ... Had the 1972 low in last night's session occurred during the day today - and the market recovered to where it currently is - I could see a potential bullish case for equities - based on a 'run the sell stop' logic in anticipation of higher prices - but that's not what happened. Recent price action looks very much like distribution to me ... and the longer it hangs up here ... the further it is likely to fall ... I expect a gap down in the morning .... but who knows ... anything can happen ....