Yep, that is what "risk on" noted after the large green Friday in early Oct 2015 after that correction. Oct became an overbought escalator to heaven, but I tend to feel our current market is in a different state of affairs after so much uppage past 15 months.
Ok "JONES"-n, for ANYONE who thinks they have a Clue as to what happens next, well, as I stated probably "99" times, we r in Uncharted territory(the past 15 months has NEVER happen in the history of the Markets), and things are about to go, well, Off da-Charts, LOL...
This is non-prognosticate-a-bull, this thing has stayed between the lines for Two freak-n years, VIX has NEVER STAYED elevated at, well ABOVE 30, this Off da-Charts Graph speaks volumes to how many play-r's are gonna get Burnt Buying the Dips or Selling the Bounce...
More Off da-Charts stuff...
And this DJ-30 chart, well, this isn't ANYTHING we've seen before, DJ-30 had a 1600 point swing and TWO DOWN -1000 points in one Freak-n week, WTF...
One can only Pray we stop at that Yellow line, 19500, but I suspect we're gonna be DOWN 10k in One freak-n week, maybe not this next week but its coming soon on a screen near you, well, dat's if your screen doesn't Freeze-Up, LOL...
Btw, this is a Eight-Day bar chart making it even more Unprecedented...