Hopefully all the leverage is getting flushed out of the system. These end of the day selloff’s are getting really old.
A small silver lining is the Asian stock markets are not falling in line. Below are single day (Friday) charts of the Korean, Singapore and Japanese major market averages. Note they all made their lows in the 1st hour of trading, had a successful retest and have been rallying throught the trading day. The Asian markets are still trading, a strong close would be most helpful.
