Blue arrow is where CNH is trading right now:
Meanwhile, the US dollar is rolling over again, deja vu of last year...with the internet fund (red) showing the third peak is ahead of time this year by an inconvenient month:
Which, big picture means that banks are about to lose their end-of-cycle fake reflation bid...
Speaking of an inconvenient month, UnHedge Funds are not doing a very good job of closing the performance gap, compliments of their ALL IN bet on Hillary - but they still have five weeks to make up the difference, before the biggest redemption in stock market history begins.
In other words, overwhelming support for a Democrat very likely fatal imploded the hedge fund industry. The irony can't be overlooked: