RARE Market Signal Just Triggered
You know that feeling when you walk into a room and everyone stops talking? That’s exactly what happened in the market today. And most traders are still standing there wondering what they missed. Everyone was glued to the jobs number today. Yet, something far more dangerous just unfolded. We hit both the upper and lower edges of our expected move in a single week. Now you might be thinking, “Big deal, Don. So what?” Well…This almost never happens. I had to dig back nine months to find the last three times we saw this pattern. And guess what? All three occurred right before some of the most violent moves in recent market history. Plus, we’re doing this in a 15 VIX environment. That kind of movement shouldn’t be possible when volatility is supposedly “dead.” But it gets better. We started the week at 6460 and closed at 6481. Basically unchanged.