The Last 3 Times This Happened, The World Was Gripped By Financial Crisis
"Seven straight days of declines..."
U.S. Markets new lies:
% of stocks above 200 dma:
“You could easily make the argument it’s the most bearish report of all time...There’s nothing to support the market.”
Meanwhile, junk bonds got shellacked today on massive volume...
This shows weekly volume with two days left in the week:
The Trump vortex is winding tighter as Mexican Peso volatility skyrockets...
This is the Peso / USD:
European stocks aka. IQ test for stoned zombies:
"Remind me again, how does this end?"
Rest of world ex-U.S.
Relative strength is in the mega crash zone...
IPOs are in the guard-your-manhood zone...
Surprise. There are no "winners". There are just self-absorbed morons who bought massively overvalued internet stocks at the peak right before they guided revenue lower...
Like last time...
"In the broadening top formation five minor reversals are followed by a substantial decline."
"It is a common saying that smart money is out of market in such formation and market is out of control. In its formation, most of the selling is completed in the early stage by big players and the participation is from general public in the later stage."
Weekly money (out) flow:
In summary:
"The market is out of control"