the 200 day moving average and yellow held and the buyers in bulk supported the s&p 500 e-mini's, tradingo an all-time high. we are now looking at a range below the 200 day average which suggests that is bearish. below the 200 moving day average, it suggests that this triangle area, this tight market is likely to break to the downside. it comes out to the corporate profit outlook, suggesting we could see weaker earnings and next year, earnings were revised to the downside. if we take a look at a few of take a look at apple down 2.8%. rosenblatt lowering its target to 165, a street low. technically, it is confirmed for , and worrieslevel about the slowing iphone demand could continue to intensify. take a look at the banks, jpmorgan and bank of america down sharply because of the 10 year yield. if we look at the intraday chart, because we have stocks selling off we have money rotating into haven assets, the 10 year yield well below 3%, breaking a range suggesting it may go even lower. then bonds are rallying and money coming out of stocks and risk assets are going into treasuries. it is not