View: Summ12.5.2.png

Summation Index turns down; just another indicator telling us that fewer and fewer names are keeping the main indices elevated. A first Hindenburg observation last week is another red flag going up, telling us that markets are fractured. The infection is quietly spreading from Tech and the Russell and this car crash in slow motion will soon suddenly let rip with all the pent up energy from the range trading in the major indexes this year unleashed to the downside.