Concur with you about sentiment – ditto.
Here’s the thing that bothers me. I’m not seeing any sign of capitulation. Volume isn’t great, no sign of a reversal anywhere. It looks like sentiment is about to get a whole lot worse.
That China holdings news was about the worst thing that could have happened, that, and of course the Greece thing that was supposed to topple the derivative market and cause chaos was a joke.
I don’t see a bottom anywhere.