spy.jpg

Maybe to a degree. Price has faded hard from the open, but is holding in well at the five-day moving averages of the SPY and QQQQ. IWM isn’t fairing quite as nicely. As we are discussing in the chat-room, we are all now conditioned to buy into the close in-spite of the dour internals. How long until that Pavlovian evolution proves fatal?!

4308716299514244953-515789234715496680?l=marketrewind.blogspot.com