More of the same, only more so…

When you get more of the same in all probabability you will get more of the same  — as in the first rule of trends –the present trend tends to continue.

This also pertains to volatility.  From the last high the market is down 316 points.  In the last three trading days price is down 177 points.

A prescription for watching with fascination from the sidelines.

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