Comment: After Seven Straight Months of Gains

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After Seven Straight Months of Gains

and higher highs...
And twenty months without any real correction...
Equities were overdue for a big pullback...

A very important key to this pullback is that it is happening on low volume overnight, meaning that a small contingent of sellers can have a bigger impact on price movement due to a lack of opposing volume to the upside.

Nothing serious for equities yet.