Selling Pressure Continues
Selling pressure started to build last night with futures down big. China had more negative news that reinforced the slowdown picture. Japan dropped 3.8%. So the DJIA ended the day down 469 points. All of the indices had similar results. In the video below I show how my wave count on the DJIA continues to point lower. Stocks in focus are GPRO, LUV, ADBE, LULU and AAL. Continue reading