“I’ve long been a fan of her market insights, and she shared quite a few when we spoke.”
Steve Sosnick Chief Strategist, IBKR
I study breadth more-than-closely. Straight down, in my Intermarket analysis world = FORCED SELLING but the market doesn’t see it yet.
My clients do though.
Could we stabilize + bounce at my $3580 $SPX PT given last wk? Yes
Are odds growing strongly we won’t?
YES
$VIX $OVX ⚠️
Not enough.
$GBPUSD
#SovereignDefaultRisk
Holy moly: "The UK only has net FX reserves of $80bn, less than two months’ worth of import cover." -- ING
Y'all remember on July 14th when I warned:
Well...I set this alert few months back that just triggered today, so it bears repeating:
⚠️BRACE FOR IMPACT - WORLD - if bulls don't defend HERE😬
#AirPocketOfRisk
I know I have barely 30K followers, am way underestimated, but to those who have graced me with their presence and loyalty...
⚠️BRACE FOR IMPACT if bulls don't defend HERE😬
