Stocks Shrug Off Sentiment Slump As Century-Old Signal Flashes Red

Another ugly week for stocks (as Goldman's trading desk put it)...

Nauseating week stuck in a macro-driven chop. 

Posturing still leans defensive with feedback suggesting the mkt is testing the 'pain point' for policy and that the Trump Put hasn't been removed from mkt, just re-struck lower. 

Plenty of oversold conditions out there.