Blog Post: GMI back to zero, 595 new yearly US lows, most since last June; $QQQ’s Stage 4 Down-trend Continues, see weekly chart; Don’t fight Mr. Market or the Fed


This leg down could be the worst yet. Panic selling has not yet hit. Put/call ratio Wednesday was only .94. Watch for T2108, currently at 19%,  to decline to  below 10%.

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