One of those days you wake up with sadness in your heart:
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The wild action continues. Yesterday some markets were putting in gains not seen since 2008. Now think about that for a minute. 2008 was not the end of the financial crisis, but when it came to a head. Wild gains and massive reversals are not the makings of a stable bull market. Perhaps this time it's different. But judging from this mornings pull back off the overnight highs, I'm not so sure.
Trendline support from yesterdays close needs to hold. A break would bring a similar pull back that we saw to end last week.