After Friday's sell-off and Monday's bounce, everyone's asking if we found the bottom. I walked through my 4-point volatility system that reveals we're nowhere close yet.
You'll see exactly how I read VIX ratios, breadth indicators, and skew levels to spot real capitulation - and why we're likely heading toward 5,800 on the S&P.
Watch me break down why declining issues only hit 2:1 (we need 9:1 panic), utilities never sold off, and the VIX curve stayed in contango.
Then see the live trades I placed - closed GDX for 60% gains, went long GDXJ, short XLU using my "whack-a-mole" approach heading into September's bearish period.
The bears aren't done yet, folks.