SPY - SPX - Warning! Will the Markets Get Pi in the Face?
This doesn't look good! We've been warning for weeks about the market being complacent, over extended. Put call ratios VIX indicators etc.
Well here is a simple chart quickly drawn that forecast a serious hit to the markets soon! Not adjusted for time but not far off either. Maybe next trading day or a few.
Pi in the face refers to the Pi ratio of 3.1416 that we learned in school. Sometimes in sudden "newsy" days this pattern can show up.
Lets keep our ears and eyes open.... something gonna happen!
Totally Bearish at this time!
We are short!
Buckle up!
Well here is a simple chart quickly drawn that forecast a serious hit to the markets soon! Not adjusted for time but not far off either. Maybe next trading day or a few.
Pi in the face refers to the Pi ratio of 3.1416 that we learned in school. Sometimes in sudden "newsy" days this pattern can show up.
Lets keep our ears and eyes open.... something gonna happen!
Totally Bearish at this time!
We are short!
Buckle up!