Three charts that hint market rout isn’t over

Well just based off my own analysis, we've already topped out. Currently we are simply in a dead cat bounce to form a lower high and change the retail sentiment back to bullish, while the smart money is still selling at their last opportunity.
 
During the early 2000 melt down the markets also had a miraculously recovery within weeks, almost back to its high - like it was giving you a second chance to get out. Then BOOM down she went.




:)
 
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I've been in this racket longer than I'd like to admit. And I've often been wrong. My best guess is that we have one more move lower. Most likely to the 1815 area, which would take us to ~-15% or so on the S&P. We have September and October coming up. Fasten your seat belts.
 
felixbocharov said:
Check out this article, what do you think about it? I don't believe in a new rout
http://finance.yahoo.com/news/two-charts-that-hint-market-rout-isn-t-over-115638388.html
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My guess is next week for crazy gyrations. At 9:58 pm, here are some overseas numbers. Friday will probably be ok, maybe grab some protective puts.
Screen Shot 2015-08-27 at 9.59.17 PM.png
 
Jones75 said:
My guess is next week for crazy gyrations. At 9:58 pm, here are some overseas numbers. Friday will probably be ok, maybe grab some protective puts.
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Those overseas numbers are carried over from Thursday's US Market, I prefer to use the Future quotes as a barometer for the following day on the US market. Below is a screenshot about 10 minutes old.




Screenshot_zps56jzul5z.png




:)
 
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