Friday, May 6, 2016

Weaker and Weaker

Locus of overnight implosion


World ex-U.S. with S&P:

Chinese stocks were down -3% but that didn't get noticed...

Biotech is in full wave 3 mode

Apple just lost support at $94 and is now heading for last line of defense at $92 which should last a few seconds...

Johnnie & Johnnie
As long as this rising wedge never breaks, it's all good: