I think this report sums up last night's action in equities nicely, except they should be saying equities fell almost 2% rather than over 1%, just a small technicality. There are a few hindsight Harry's in here! LOL
http://www.reuters.com/article/2014/07/31/us-markets-stocks-idUSKBN0G019T20140731
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US equities running into a wall?, page-74
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