Cliffs, Potholes and Slopes

Major indexes are pulling back to lower ground. While the selling is subtle at the moment, there’s no telling where it might end.

If we get a gradual pullback with modest volume it will appear the Bull is less potent.

If we get a deeper correction, like we’re due for, we may see a steeper fall off and heavier volume.

Watch the volume. Any more days of Distribution may be a sign we’re going to get a dose of the later.

Dan

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