EMERGENCY SESSION: 2nd Close Under 21 EMA in 6 months.

What a nasty close, this was our SECOND close below the 21 ema since the uptrend began in late October. CNBC is in panic. I always said that was my focus as a turning point should it come and not it came after the afternoon commentary from fed member Kashkari. He spooked markets today by saying the fed may not cut rates this year. Remember coming into t…