The Big Giveback

This is one choppy market! We reversed the reversal today as the market gave back all of yesterday afternoon’s rally. So we’re back near the bottom of the recent range with the Dow just above its 200-day moving average and the Nasdaq making a new 5-month closing low. I guess it’s the bears’ turn for some follow-through…

FWIW, T2108 is creeping back down towards 20. It’s at 26 today.