Almost all risk assets getting slammed. Just shows what can be done. Equities are being propped up. Even with that most everyone is pulling out of equities. Only thing that might is if the Boogeyman wins tonight.
Umm.. Check out the outlier.. They have virtually segregated the US markets from adverse price correlations. Check out time n sales at 1998. Most likely the whole bull market was managed by CB proxies from 2009 till now. The most hated bull market.. Because of very minimal public participation. Pensions and 529's auto invested. I'm hearing from a lot of people who are selecting money market option on 529's and keeping pensions in cash. If it's not done they force feed faux paper into your pensions and 529's when the value of it is less than 2009 levels. When 'they' deem fit, the market is hit dragging your assets to levels where many jump ship. Buy high sell low.
The 4hr (240mn) still in an upward path, as far B-Bands are concerned. We just bounced off the 4hr Center B-Band today. If you follow this type of stuff. We all have to have some type of visual perspective and not the, he said, they said, she's doing, what they are doing with whom and why there doing and if it happens and why would it happen and the whole system is fu*ked and why? holy shit!, I am so confused and who cares, just trade!
It's amazing how they telegraph bias in price action. Just go with the 'bias' till it fails to profit. It's literally free money.