down we go?

Hate to say it, but it feels to me that we have a perfect storm for a sharp sell off in the short/medium term.

S&P 500 has rallied over 10% since the start of October to just brake the 200 day MA, and then it closed back under it last night.

A false sense of optimism has been created around the EU talks, but fundamentally nothing has changed. It's looking more and more likely that the summit isn't going to produce the sort of outcome the market is hoping for.

This will be just the trigger required to spark the next big down turn.... in my humble opinion.

Thoughts?