Today’s E-Mini S&P tout provides precise details to explain why, following Monday’s steep decline, the six-year-old bull market is on shaky ground. Just a little more weakness would flash a warning signal on the weekly chart while opening a path to a possible selloff that would be far more damaging, technically speaking. Will yesterday’s feeble bounce turn out to have been just that, a prelude to another plunge as the fallout from Greece’s default grows more menacing? We should know before long.
