"Killer Wave" Confirms Big Bear Market Looms
Excerpted from James Stack's InvesTech.com,
Technical Evidence: Confirming a bear market
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European Banks Soar On Rumor ECB May Monetize Bank Stocks; Japan Crash Continues
While algos patiently await the only thing that matters for US stocks today which is Janet Yellen's testimony before Congress. expected to be released at 8:30 am (and previewed here), the rest of the world this morning is a hot mess of schizophrenic highs and lows.