Rollercoaster! Dow Down Again, SMART Money Index Likely To Keep Falling

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

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The Dow (DJIA) is down over 400 points of 11:45am EST. The S&P 500 index is also down. The VIX is up.

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As The Fed continues to unwind its balance sheet, the SMART Money Flow Index is likely to keep deflating.

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It looks like The Fed is sticking to its unwinding plans for their balance sheet.

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