With a break to a new intra low of sp'1942, this mornings bear flag has already played out. The VIX confirms the increasing downward price pressure in equities, with a new high of 25.23. Further equity weakness looks due.. at least to the 1920/00 zone. How Friday closes is what now matters.
*with a move below the lower gap zone of 1951, there is empty air to the 1920/00 zone.
Well, its getting tiresome to me....
.. as the mainsteam, and indeed, some I personally know.. they just don't see it.
They.. simply... .don't ... see........ it........ coming.
.. and right now.. I got nothing else to add.