DOW (13202 -1.03%) NAZ (2590 -1.74%) S&P (1451 -1.13%)
I see no reason to buy. The DOW is crossing below its 200 dma of 13,304 and it has signaled a Double Bottom Breakdown with a target of 12,850.
The NAZ is touching its 200 dma of 2,600 and the P&F chart is intact.
The S&P had crossed below its 200 dma of 1,487 on Friday and no new signal has developed on P&F yet.
On a positive note, BUD, WDFC, HNZ & some retail positions are hanging in there today.
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