The global and US sector charts continue to be very weak after this past week's relief rally with technical snapbacks now complete. Much of this past week's buying imbalance has been inspired by the tech sector as those who missed the rally in these areas of investment in the first half of the year believe that this is a golden opportunity to participate. Next couple of sessions will tell the tale of what to expect for the rest of October, but my "spidey sense" is tingling that there's much more downside still yet to come.
FWIW
Fib