FYI: A significant selloff Friday had bears continuing to enjoy December and calls for the bulls for the Federal Reserve to save them. It’s been a very long time since bears have had the upper hand for such an extended period. Volatility continues to be very high and the charts continue to say “remain in safety”. The Russell 2000 – the laggard of 2018 – broke a yearly low set in February and the S&P 500 broke October lows to create a “lower low”.
Regards,
Ted
https://www.stocktrader.com/2018/12/17/weekly-market-recap-dec-16-2018/