If You R Not Sh*tting Your Pants Then

Despite the recurring DOW/S&P500 buy support, sellers keep
appearing and bearish daily and weekly charts slowly gain strength.
Signals are now mixed and the rally I was expecting is looking
undecided.

Unfortunately the delayed / slowed down correction that started
months ago will probably result in a sudden sell off similar to 2008.
 
Quote from GrandSupercycle:

Despite the recurring DOW/S&P500 buy support, sellers keep
appearing and bearish daily and weekly charts slowly gain strength.
Signals are now mixed and the rally I was expecting is looking
undecided.

Unfortunately the delayed / slowed down correction that started
months ago will probably result in a sudden sell off similar to 2008.

laf
 
Clarification of the Wile E Coyote correction for readers who asked:
I'm referring to the price action on the sticky S&P500 chart at top
of blog. It's been suspended in the air for many months just waiting
for gravity to take hold...
 
spy -1%, VIX +10%

i believe this is unusual (again excess VIX relative to SPY). don't have the numbers at hand but as i recall this does not happen very often.
 
Quote from shortie:

spy -1%, VIX +10%

i believe this is unusual

Something else unusual. Market and 30 yr selling together. I smell a corpse. Probably will get sorted soon, even so, it is a sign of things to come.
 
Quote from shortie:

spy -1%, VIX +10%

i believe this is unusual (again excess VIX relative to SPY). don't have the numbers at hand but as i recall this does not happen very often.

not unusual, you should know that by now. after repeated vol days, vix will pop when people get a bug up their butts and buy all those puts that they did not buy as the trend started. of course i simplified it for you guys.
 
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