Auguraltrader

Leading Indicators Reversal Still Bearish

TVC:VIX   Volatility S&P 500 Index
The JNK ETF looks like it is heading further down still -> Bearish for equities.
The IWM ETF is likely to follow through after closing at a low -> Bearish for equities
The DJT ETF looks a tad bearish too -> Bearish for equities
The VALUG looking to fail support, with a bearish candle for more downside -> Bearish for equities
The TIPS ETF continue down draft-> Bearish for equities
The TLT ETF is still diving -> still not seeing any flight to safety.
The VIX just broke out above the trendline -> very Bearish for equities
The HG1! copper futures downtrending

Overall, rather Bearish bias on equities