The post-Brainard-bounce has been erased…
As yesterday’s perfect 61.8% retracement of the Japan/Rosengren plunge is disappearing…
As a reminder, Ryan Detrick points out, the last two time that the S&P 500 was this weak on a Friday and this strong on a Monday was Aug07 and Apr00…
And don’t forget – we are in a dark period now – no more jawboning to
save the world. We suspect the market wil ldrift lower to ensure The Fed
is anxious enough not to hike rates.
via http://ift.tt/2cBohLf Tyler Durden