Description
⋅ Closing the week red again. Bears seem to be in total control, charts breaking down across the board (less VIX/ Bear Funds of course)
SPX less than 3850 (-20%) funds go officially "Bear Market"
3700 Capitulation levels
Less than 3500 massive de leverage , margin-calls , and breakdown
We need one of those "bear market rallies" I keep hearing about ...
7 red weeks in a row, very historical price action, caught a lot of people off guard, including me : )