Yesterday: " re-test of key resistance on SPY and ES1; just 70 points higher for NDX; and now bang on here for RUT - all with VIX low of day down in 11s again. ... I remain in upside limited camp, and think we will see a trading top here, or a bit higher on INDU YR1."
And there you have it, combination of SepP and YR1 acted to halt the bounce. Is this another quick dip or start of real damage? I'll try to figure it out on the blog!