Afternoon Update

Ugly close at session lows to end and ugly week… On the week – SP-500 2.4%, Dow  -1.6%, NASDAQ-100 -2.9%, Small Caps -2.25%. Small Cap IWM (4H) came within about 0.1% of reaching its H&S measured move. I think we can call it, “close enough”. Tone was plagued by uncertainty surrounding potential developments in the…