My system has been high alert for SPX & Co for a few weeks now.
Lacking confirmations. (Still am) SPY broke down yesterday.
But the VOL segment was not ready for prime time.
Today, I’m getting initial signals that may be changing. We’re on the cusp.
My charts for UVXY are flirting with the first major signals since January.
If and when that happens, bonds will likely catch a bid and PMs may as well (depending on the ferocity of the selling).