It was the Russell 2000 which at times led the decline down from August 31st. Once again has taken the lead as it was negative from the open today, even when the Dow was up over 100 points. No new signals for tomorrow and I hope to have a telling analysis for Saturday's Weekend Update. We are in that time window for an accelerated decline and only the programmed trading off of news headlines (trade, interest rates, etc.), has prevented it so far. Note that those news-triggered rallies never have any follow-though, revealing weakness in and of itself. When those headlines turn more bearish the robotic trading will be more in sync with the dominant downtrend and not fighting the trajectory of a still new bear market.
