Daily Note

When the Levee Breaks

May 29, 2019

Thomas Thornton

The major indexes today broke the recent and very clear support levels.  Everyone and their mother has been watching “S&P 500 2800.”   Everything has been playing out with sentiment peaking at extremes, DeMark upside exhaustion signals and market internals also at peak levels.  The problem is that it’s NEVER that easy as vicious bounces when […]