Early Update – Mostly What We’ve Been Looking For on an Ugly Start
11:18 p.m. ET A lot of the market price patterns/signals are being played out this morning. SP-500 -1.6%, Dow -1% (Transports +0.05%), NASDAQ-100 -2.25%, Small Caps -1.3% SPX (daily) Making good on the bearish Falling Three Methods candlestick pattern. SPX (60m) back in the range, making this a higher probability “Failed Breakout/Fast Reversal” scenario DJIA…