Thanks 4 the note techcharter... much appreciated. I've always followed the bond market for forecasting and/or confirmations. In this case, the market was generally headed up, while the treasury yields began to head down. I smell a rat when that happens, and I look for follow-through.
The frustrating thing, I may never, ever figure out with any certaintly. And, that is, just who, or how many of whom have that much information to place that large a bet that far in advance of what we saw today.
As they say, information is what's valuable. In the meantime, I just try to follow the trail. Now, I watch the NYSE $TRIN for any spike and close above 2 for a next session snap back rally. Finally, the $VIX, and most importantly, the daily $NASI for signs of a reversal.
Good trading, Peace out.
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