S&P 500 trend change it was, as per yesterday‘s title and short calls bringing great profits to all clients, swing and intraday. The veracity of the push lower clearly says market wasn‘t ready for that turn, yet at the same time, there was no panic, and the selling was orderly. VIX – was this a spike to speak of, is this what one sees at important bottoms?
There were enough clues before the slide (you remember me talking the dollar), some presented in yesterday‘s free article, many more in its premium section, stock tickers given, sectors pinpointed.
With selling this strong, there has been no Asian session pump or European sisseion fake move higher – no luring everyone in, the water is not fine.
