The biggest stretch of complacency in history is coming to the end? The case for an imminent collapse within 3 weeks

via @hks55:

the biggest stretch of complacency in history is over

Tech in general though is just a parabola. These always end in tears.

when reports I believe they will show evidence Chinese have started to boycott their products. this will send shock waves through the market.

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crack spreads have lost all support. refiners are losing money processing crude so they will stop doing so. that will lead to massive crude builds.

is doing exactly what it did in 2008. This will crush the high yield bond market.

Yen Carry Trade gets unwound

Vix Structure is a shit chute

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SPX now

The case for an imminent collapse within 3 weeks.

Its incredible. They all have the same expanding price distribution megaphone with a rising wedge into the collapse. Same signature now. 1929, 1987, 2019 -41%, -39% -?%

An unprecedented intervention from the beginning of the month

Transports

Nothing to see here