Lions... UPDATE: The Stock Market Is Breaking Down.

From Greg M

Lions…

The market is again breaking down, now falling through a critical level.

Below is a new breakdown of the S&P 500 I have just done for you.

Volume is increasing significantly on down days, confirming strong selling pressure.

Bearish Signal: Heavy selling volume supports the downtrend.

Overall. Bearish trend remains however, a Bounce May Be Near (this DOES NOT MEAN that you should buy! I will keep you notified as to any changes with the index.

I will be posting a new breakdown later today on my website.

GM