Trannies, Small Caps Breakdown Into Bear Market; S&P, Nasdaq Collapse Into Correction

Carnage continues. Small Caps have now joined Trannies in bear market territory (down 20% from the highs to September 2014 lows). S&P 500 is now in correction mode (down 10.7% from all-time-highs) as is Nasdaq.

Trannies down 27% from ATH...

 

Small Caps down 20% from ATH...

 

And The S&P 500 is in "correction"

 

The Nasdaq is down 8 days in a row - has not had one green day in 2016 - this is the longest losing streak since May 2012...