An artificially levitated stock market with an 8 month momentum divergence.
China and Emerging Markets in meltdown mode
Global GDP growth falling
Only the third global carry trade unwind in 20 years
Multi-year breadth divergences
Minimal liquidity/De Facto Flash Crash
Massive selling on par with every other stock market "correction" of between -17% and -55%
Consumer sentiment peaked 8 months prior
Collapsing corporate profits and revenue
A totally bogus debt-sponsored "recovery"
Interest rates still at 0%
A clueless Fed considering raising interest rates at the end of the fake expansion
History's largest IPO lockup expiration (Alibaba. Sept. 19)