Largest Market Drop in 3-months

With Apple (APPL) trading down -5% from recent parabolic highs and with the financials under pressure over renewed concerns in the Euro-zone, equity markets are suffering their largest single-day loss in 3-months.

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Bulls beware:  The interventionist authorities are losing control of their sustained and insanely bullish VIX reading beneath the 20 level.

 

 

Bears beware:  The sudden and quintessential all-at-once declines rendered after prolonged bullish levitation can often find support over the near term – then jettison right back up toward previous highs.

Until next time,

Trade Better / Invest Smarter