Equities are waiting but receiving selling

1000 CST

The 20 day cycle it seams is broken on $SPY

Selling is getting worse, on volume

$UVXY is making new daily intraday momentum moves

Internals are red

$SPY STILL in channel, breakdown on volume represents a failure of 20 day cycle

WHICH WE’VE SEEN IN LATE 2021

Looks bad, but dont rule out a rally!

This market is tricky and staying out is best, as its sideways with now volume down.