Quote from Lojanica:
I am moving my sell-off prediction to next week. I see a volatility squeeze building but not yet. No one ever knows but conditions are forming to see a squeeze up in VIX and a nasty downside sell-off in all asset classes. I had predicted today or tomorrow but I think the fingers in the dike will hold until next week. A small slide this week into the close then next week we may see some 4 and 5% ranges again
Quote from Lojanica:
My bad the sell-off started today but we are on the battle line. If the longs can't defend this line and technically it's toast then look out below. 950 in the SPUS?