13 January 2016

SP 500 and NDX Futures Daily Charts - Hard Time Killin' Floor

The bubble in US financial paper continued deflating again today despite an early morning attempt to rally stocks higher.

Now it is clear why there was no 'Santa Claus rally' as expected last year--  everything is relative.

Let's see if the bulls can find some footing, or if we are going back down to retest those lows.

Have a pleasant evening.