Going Down

I'm sick and tired of you setting me up, yeah
Setting me up just to knocka, knocka, knocka me down
--Bruce Springsteen

The indicators now seem prescient. Big down day in stocks yesterday with major indexes down 3% or more. Dow down more than 800 points and closed on its lows.

Many indexes, including the Nasdaq, Russell 2000, and the Trannies have now broken below their 200 day moving averages.

Early follow this morning thru finds the SPX sitting top of its 200 day:

Am wondering how the robots respond. Algos have been buying the trend higher for years. Do they sell the trend lower as well?

no positions