All Major US Equity Indices Break Below Critical Technical Support

…and just like that, it was gone.

The gains from “bad is good” payrolls and China trade-deal hype are gone…

Dow (cash) has filled the gap from Friday’s close…

And all the major US equity indices have broken back below their 50- and 100-day moving averages (Small Caps below 200DMA)…

Yuan has erased all its Golden Week gains…

Source: Bloomberg

And 30Y Yields are pushing back down towards 2.00% once again…

Source: Bloomberg

Where’s Larry Kudlow when we need him most?