[…] Stocks continued to fail to rally, and continued the declines of September today.
They did bounce off the lows which is mildly constructive.
The way lower is being led by the bubblonians, the big cap techs.
They briefly tagged the 38.2% Fibonacci retracement, for the most recent leg of the bull run.
Let’s see if they can maintain themselves here, or slip lower perhaps to test the next major support at 50%, around 13,970 or so.
Gold and silver had a continuation of their rally.
The Dollar was broadly lower against most major currencies, giving up 94 on the DX index.