The Late Show

Spu’s were not quite able to get to the buy level of 1965.

I’d look at the rest of the day as contra Europe price action where the U.S. Equities find buyers.

DAX…9170 is the 500 week mvg avg, a place that can elect a bounce but only a bounce. Closing under 9340 keeps the Dax offered against the FTSE.

I’m looking for a stabilization in U.S. equity prices given all the dollars that have been bought over the past 48 hours of trading. Nobody is going to buy Europe.

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