Traders,

In my view, the S&P is due for another 3-4% drop from this area before it finds good support again. This H&S pattern on the 4hr. support my viewpoint along with patterns, data, and additional indicators I have spotted on the dollar chart (DXY), the #vix, treasury yields, and stablecoin dominance charts. The data all correlates. We will go over these items and more in today’s weekly review video coming soon!

Stew