The capitulation warning signal has formed on US indices.
Historically, this has been the first major signs of a bust.
Read this long-form under the “Macro” section of this post.
It came before the 1930s bear.
And the 1990s bear.
And here it is, right there on our SPX of 2022.
Click any of the links and read the comments section for a bit more info.
What this forecasts is grim. Really bad. We’d have seen the best of the SPX for a long time if this was to be coming.
Long-form (Skip to “Macro”).
Strategy info.