Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
We’ve reversed lower sharply here in the closing hour. Bears want to see a flush, and bulls want to see a flush and reversal (late today or tomorrow) either way, a flush is needed to stop the dip buyers. Let’s see how they close ’em.
EDIT 3:55 PM Looks like the excuse of the day is a transcript out of Greece that $700M has withdrawn out of banks. I heard that much earlier in the day, so it is surprising the market reacted to it so late in the day.
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