The grind downwards continues and the bollingers contract further. An orderly decline.
But a squeeze is about to occur. Expect a move +/- 50+ points
Maybe the Fed will bring some juice to the market, maybe the Scottish vote.
Although in steady sell mode, Shorting seems to be a risky option and until the 8/21 trigger confirms then I believe that we still may have another shot at new highs.
