Monday, June 27, 2016

"Look Ma, I Bought The Collapse. Again"

These zombies have been well trained to average down on collapse...



MASSIVE volume and MAJOR technical damage. But no fear...

The noose is tight:




Speaking of noose - right at the neckline...




90% of the time it pays to be a fake optimist, the other 10% of the time you get buried...

"There's a pony in this shit, somewhere"

S&P :5 minute



Furthermore...S&P futures
Now an optimist would say that if there are enough bears around, this trend line could break to the upside for a day in the sunshine...of course if you're wrong, you're fucked company beginning in an Asian time zone...



No fear
TRIN and VIX



VIX spent the day following the low volatility implosion fund around (inverted). What else...



Oil was weaker all day then rallied at the end...



On Friday, I said the next gap 'n crap ends this clusterfuck. I meant the next one. I forgot how much stoned zombies enjoy pain...



The Bollinger Band volatility explosion is underway...


Volume