In March the crash sequence started on a Thursday and a Friday…then on Monday the crash started…but for 3-4-5 days before that Thursday, the stock mkt was ragged and divergent–like now…which was a change from the bullet proof daily bullish performance.
At 8:30 we get the known-by-all historically negative GDP report–which was known yesterday and didn’t prevent the stock mkt. from having a great day….especially…and inexplicably, the Russell and the trannies…so I have no idea why futures are down today…I guess if the GDP report beats expectations–even by a millimeter–stocks could rally…then tonite is a flood of earnings which have–as usual–been tricked up to beat expectations…so if Friday opens with a rally that reverses…then Monday could start the retest…