Yesterday’s room notes I went over the depths of what this correction can look like. Everyone on the street is in denial.

Key has been Asia failing.

I spent time going over dividend paying ETF’s, all of which have seen big inflows over the past week.

Spoos are opening at a pivotal level. Shorter-time
frame traders will get their chances both ways today.

Oil levels have been gone over. They’re not going to change.

Thanks you David.

Metals have another month to see if they bottom, which means there is time for Silver to retest last year’s breakout above 50.36.

Look to the high 40’s where both David and I have matching levels.