Bombers tripped up last night as their attack was rejected but they appear to remain in control for the moment.
Dow is moving solidly below its 50 day ma and may well test its 200 day.A break below that looks to be problematic as the rest of the more speculative markets begin to correct.
The European peripheral bond market is also coming under pressure again.
Bombed out explorers are in bargain territory here as we continue to wait for the turn.
Buy weakness and sell strength.
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