Despite Goldman Sachs, and a few other stocks, notably red today bulls were able to pull off a Nasdaq bounce.
Crude oil looks coiled on all timeframes, while some of the recent rallying the global materials and emerging markets may be indeed of a pause.
In front of the FOMC Minutes tomorrow, the Yen rallies, as did precious metals and bonds.
Something, it appears, has got to give here.
Stay tuned for my video market recap after the closing bell for more analysis.
Uncle Buccs better appreciate that photo.
The EWZ is the exact opposite of some the momo names starting around 3/18. No clue if it is a real correlation but that could have been one hell of a blow up unwind. Obviously there is no saying it is over also.