Stock Market Update, Monday, June 24

Futures have been hit fairly hard in Globex. Cash-based internals are very compressed and suggest a low should occur soon. That is a time call, not a price call. We may be in the midst of a short-term capitulation …

S&P Update, Thursday, June 20

3:10 PM, EST With the internals as extreme as they are we could see a low anywhere, at least short-term. If the present waterfall decline continues the next level from an Auction Market perspective that is a candidate for support …