The Market Is Going to Hit a New Low

Fun strats chief technician mark newton said the market is going to hit a new low. He says it's too early to buy stocks now, because he doesn't think the sectors that have led the rally are done going down. We really want to see a lot of volume and a lot of advances versus declines on any sort of move off the lovs,. A real breadth expansion, where there's a broad based rally has not happened just yet.