11 December 2014

SP 500 and NDX Futures Daily Charts - Spinning Wheel

"What goes up must come down
spinning wheel got to go round
Talking about your troubles it's a crying sin
Ride a painted pony
Let the spinning wheel spin

You got no money, and you, you got no home
Spinning wheel, spinning all alone
Talking about your troubles and you, you never learn
Ride a painted pony
let the spinning wheel turn."

Blood Sweat and Tears, Spinning Wheel

The spectacular ramp in stocks failed badly, and they went out mostly unchanged after yesterday's big drop.

The song says it all.

Have a pleasant evening.