Nadamooch

Guy I knew a ways back in my Chicago days always used to say “nadamooch” when asked what was up.

Most of Thursday’s action was just that, pretty sleepy.

But clear distribution for the Nasdaq could be a precursor for further downside. Though nothing to get us to change our bias just yet.

A modest rally in the Retail sector ($RLX +2.63%) gives the Bull some more fuel.

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