Another day another round of golf- I'm glad I skipped out on today - it went up but I think it's done. Here's why -
The up/down ratio is at 49%, but there are 776 new 20 day highs and only 235 new 20 day lows, the three sisters finished the last hour in the red as did the ugly stepsister (IWM) and the 22nd century proxy for the market - GS. The VIX is so cowed it refuses to move from day to day. Tomorrow - down - down - down.
Meanwhile magic coin makes a new win going to 27 and 14 and for tomorrow - tails - bear in the air.