Monday 10/27 ... Kicking Us While We're Down

By: Matthew Graham

Stock Lever has been pulled off the wall and is now being used to beat us soundly about the head and shoulders.

We had a big bearish breakout on a triangle this AM which has unfortunately proven true.

Down half a point now (16+ ticks) at 99-24+ which is the indicated low on our trading platform for friday. As such, this would be an essential level to hold if we are not going to relegate our expectations to continued weakness.

Additional reprices for the worse are on their way... (big ones)