Russell 2000

By Nick Colas of Convergex

10 Stats About The Last 10 Years

Remember Wednesday night... after Facebook crushed it...

Overheard behind the scenes at CNBC today...

Via Dana Lyons' Tumblr,

Does an unprecedented show of positive breadth foretell a quick end to stocks’ recent struggles?

In January and in early February UBS' technical analysts said that while they do not believe in a 2008 event, 2016 should be a highly volatile and a trading oriented year for equities... and so far it has. But now Michael Riesner and Marc Muller see a high likelihood to move into our suggested early Q2 cycle top this week.

With last week’s higher low at 2033, we have a new pivotal support in place in the SPX, which makes 2033 to a tactical key support.

For the bears and the bulls, but mostly the bears, it's deja vu all over again.