RE: RE: RE: can someone advise what is going on ..Currently, Financials have a higher low from yesterday. S&P tested the lows today from yesterday. So financials are slightly stronger today, and that still suggests mkts bounce short term.
The bigger picture is that there is plenty of downside to the mkts. So I am waiting in cash for now to buy dips for FAZ and reposition.
Fear is relieving quite nicely today, but still fear. I'd like to see it back up into the complacency zone, and that should signal the next leg of decline for mkts.
SC