The lowest volume day refers to the lowest SPY volume in the past decade. At today's low bulls were looking at a bearish engulfing outside reversal on the weekly...
Speaking of key reversals, yields gapped up to a multi-month high but closed well below the highs of the day.
Bond bears have been pressing their record shorts above 2.4% on the 10 year, however, a break back below that level will lead to a colossal short squeeze that will implode the dollar, banks, Emerging Markets and anything else that's not bolted down...
NYSE breadth was worst since August
The Nasdaq 100 tested the lower trend-line on rising selling:
China Tech got monkey hammered. The favour will be returned overnight...
Inverse volatility tested the August high:
The lowest volatility October ever, isn't over yet...
