Is it high-level accumulation or distribution going into the 25-year anniversary of the 1987 crash on Monday, October 19?
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It's time to buy some volatility or Vega in the SPDR Trust (SPY)
The runoff on Wednesday saw the S&P/SPY tail off into the bell, leaving the SPY up only marginally for the session.
Sentiment is very bearish and there has been enormous arbitrage at the 1400 level.
On the 7th day from the signal reversal bar on August 21, the S&P 500 (^GSPC)/SPDR Trust (SPY) gapped down and continued down.
As you know, I have been looking for 1430 on the S&P 500 (^GSPC) as a potential major top occurring before the end of August.
Time and time again I hear pundits talk about how the rally isn't "real" because it is happening on low volume.
Yesterday, we looked at a cluster of cycles of war related to the Pi, which tied to the beginning of World War II on September 1,