Retreating index markets slid to a fall back position for the week. DJI currently up 7.23% for the year and is just six points from closing higher on the month. It has had lower monthly closes only four times this year with June and July being the only two consecutive. The SP5oo cash sits up 4.24% higher on the year and 6.2% off its October 11th high. The Nasdaq 100 spot futures made a weekly recovery high this week since the lows of November and now is 5.8% from o7 highs. The Nasdaq 100 cash is just under six percent from it's highs.The bulls are still depending on the tech sector to save the rest of the market while the bears are building on a chart trail of three potential rally rollovers. There is enough downside to make o8 interesting but the bear has yet to drive the bull away.
