If You're Not Pissed Off Now, You Will Be...

Yesterday's S&P (ETF) volume was the lowest since the market peak exactly one year ago. Meanwhile the entire status quo hinges on oil speculation which is currently "rallying" on 30% of 90 day average volume...

In other words, the theme of the day is:

The Onion via ZH: May 24, 2016
"Nobody Fucking Cares"
NEW YORK—According to a brief but conclusive report released Monday, nobody fucking cares. “Doesn’t fucking matter,” read the report in part, which went on to inform readers that no one gives two shits, so fuck it. “Seriously. Stop wasting everyone’s goddamn time.” The report further urged those who still hadn’t shut up about it to quit acting like fucking idiots and just give it a rest, for Christ’s sake.

That explains everything...

The bottom indicator is called the "% volume oscillator"...

On Balance Volume

Red line is the loss incurred by futures speculators from contango rollover relative to the price of crude oil:

-75%

Confirming the new count...just give me a sign, any sign...
The S&P closing print: 2076. The exact same level as wave 2 green in December: