“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception
06 June 2011
SP 500 and NDX Futures Daily Charts
Another bad day for bully as stocks just could not hold any traction from the open.
We are approaching critical support levels for stocks. Much lower and we might begin a much more serious intermediate downtrend.