With the sequence of down then up now in its ninth straight day, our analysis has not found an historical pattern. Indeed, there are only two previous occurrences, one in 2002 and the other in 1981.
Thus, while we wonder about the meaning of this price seesaw, we propose no explanation.
DJIA -.76 percent
NASDAQ -1.11 percent
S&P500 -1.05 percent
