The level for the last major sell-off is circled in blue from 2011
S&P with 200 Day Moving Average and % of Stocks Above 200 Day Moving Average
Close-up
Elliot Wave Count
Skynet pulling out all stops to stay above the 200 DMA (red line):
Distribution
Down Volume / Total Volume
A loss of sponsorship
Up volume / Total Volume
The VXO / VIX Options volatility ratio
VXO index tracks S&P 100 options, whereas VIX tracks S&P 500 Options
VXO is the grown-up version of the VIX i.e. it doesn't include Netflix and Biotech
ZH: Aug. 14, 2015
High Yield is Flashing Red
"Too many bonds chasing too little money"
Everything from oil investment to stock buybacks and Mergers/Aquisitions is dependent upon a stable high yield market.
ZH: Aug. 14, 215
MalAsian Meltdown?
"With some Asian currencies already falling to levels last seen 17 years ago, some analysts fear that an Asian Currency Crisis 2.0 may be just around the corner.
That rather dire prediction may have been validated on Friday when Malaysia’s ringgit registered its largest one-day loss in almost two decades."
Hot money outflow visualized
Malaysian Stocks
DHL Risk. Overnight Delivery.
"It was a bad time to be a stoned fucking zombie"
