Capitulation Low Pending

I am bearish long term, but this rubber band is stretched too far.

PRE-OPEN MARKET COMMENTS FRIDAY - The market takes the elevator down and we are seeing that this week. During a trend reversal the early stages of that transition are very choppy and there is plenty of volatility as both sides battle it out. Once the trend is cracked, the move accelerates quickly and that's where we are right now.

Daily Bulletin Continues...