etfmsolutions: Fizzle...09.03.15

Thursday, September 3, 2015

Fizzle...09.03.15

It looked like we were going to get a strong follow through with the NYAD opening above 4...but the bears took control after the first 90 minutes and sold the markets down all day and into the close. Technically this is a bad sign and the odds for a bearish Friday just got a lot higher. Monday's Labor Day so no trading and with the general tone of nervousness pervasive in the the markets anybody with a head for risk exposure in going to be selling into Friday's close...and any buying is likely to be HFT induced and not trustworthy as true accumulation. Good luck out there!.

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