This hog is losing momentum, yes. Indicators are rolling and degrading. Bears are licking their chops for a pig roast (BKX/financials in this bear's case).But the Dow is now sitting at the top of a support zone that extends down through the SMA 50. In fact, the heretofore supportive EMA 20 has not even been lost.
The market's technicals are slipping little by little but the sentiment rally trudges onward until it eventually just falls down, rolls over, crushes its vital internal organs and dies.
