Charts I’m Watching: Aug 13, 2014

Third miss in a row for US retail sales, a massive 6.8% plunge in Japan’s GDP (biggest consumer spending drop ever,) industrial production misses in Europe and China, ugly earnings and forecast from bellweather Macy’s, renewed tensions in Ukraine, riots in Missouri…  why shouldn’t the “market” rally?

In spite of the above…mission accomplished on the IH&S thanks to the bots.  Sigh…

2014-08-12-SPX 15 1055

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