The market ended the day in the tank, dropping 268 points. From an Ichimoku analysis standpoint, this put the index below the cloud again, for the second time in a week. I had sold out of my DXD earlier in the day with a profit, expecting the market to rebound. Instead it kept declining. I bought some more DXD about an hour before the close. Again, I'll need to keep a tight stop on this. This market is so choppy right now that if we regained all of today's loss on Friday I wouldn't be surprised. Nor would I be surprised if we dropped another 200. But again, closing below the cloud is a definite negative here, so I'm on the side of a continued decline.
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