Sep. 16 at 5:30 PM
$NKE printed a fresh 52-week low today (Yearly Extremes Sell), on top of a Death Cross that's been running 215 days. It's also getting removed from the S&P 100 on September 21 after 18 years in that index - a real committee decision, not just a chart pattern. Down about 49% over the past year. Is the index removal just catching up to what the chart's been signaling for months, or does forced selling from index-tracking funds add another leg down before the 21st?