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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.38+0.4%Dec 24 4:00 PM EST

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To: JMTrader who wrote (164017)11/25/2021 9:26:51 PM
From: GROUND ZERO™5 Recommendations

Recommended By
cycleupcycledown
da_spot
JMTrader
Mevis
stsimon

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Not pretty right now...

The $VIX was giving us a warning...

Frankly, the SOX had an outside key reversal bullish pattern on Wednesday, so this evening's weakness really is a surprise...

Let's see if this continues tomorrow...

If so, then December could be even weaker...

Look at 2018 and 2008 for the same kind of weakness during the Thanksgiving week...

If Europe opens weak and sells off, then this market is finished for a while, at least until the $VIX turns back into a buy...

It could be a while...

GZ
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