the dust settles, page-128

I suggested on Monday that the following two nights on Wall Street were, in my opinion, two of the most important trading sessions of the year. I have to say that after last night, I am far from impressed. Any strength just brought in heavy selling which suggests to me that we are seeing a change of sentiment. My concern is that trading over the past five days in New York is a running correction which would suggest another quick move down. This is such a crucial week.

KalHoon - my hourly chart is hand drawn so too large to reproduce. Sorry.