Reminder that we posted this weeks before the major reversal. As always our readers are one step ahead. Signal over noise

“investors are preparing for the worst.

Time and again the market has shown that when these time relationships begin to converge, something important is about to happen.

That doesn’t mean the path will be easy. We could very well see one final wave of panic, perhaps driven by negative headlines or another sharp shakeout.

But if the structure continues to unfold the way it appears to be setting up, that move would likely mark the final low of this decline, followed by a powerful reversal.“