Wednesday, March 25, 2015

Trap Door Opens..WIDE.....03.25.15

We saw the Trap Door set up I'd been warning about for the past few days and it was a doozey, apparently prompted by a lousy durable goods report. QQQ was particularly hard hit and the only glimmer of green was in the oil sector.  There was no selling abatement into the close so we're expecting a carryover into tomorrow.  The M3 models were is cash for today's mini-crash and are now skewed to the downside.