We just hit the lower edge of expected move.
And nobody's paying attention to what actually matters.
Here's what I'm seeing right now:
- Advanced decline line sitting at 50/50... this is NOT real selling
- Tesla hit an all-time high THIS MORNING while Oracle craters 40%
- VIX didn't even care about today's move... volatility's asleep
- Triple witching hits Friday... $82 of movement still expected
Look...
Everyone's screaming about a 1% drop like it's unprecedented.
It's not.
This is pockets of weakness. Rotations. End of year garbage.
Real selling? That requires correlation.
And we don't have it yet.
To your success,
Don Kaufman