A serious sell off occurred Friday afternoon looking at the charts with many stock groups closing right on the lows of the day. Including all the Gold stocks that are at major support pts and have their backs to the wall and just can't sell off any further without breaking long term major support levels. Even the Canadian banks closed on their lows along with a ton of other groups. Something big happened with the funds/institutions Friday that cause some major selling in most everything. And add to that DX also closed below its two month channel breaking below 78.60 along with the precious metals. Looks like a major turning point occurring. Don't know which way they are all going but expect some fireworks and headlines to explain it all away soon. Can't recall seeing this combination of events before.