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VIX

Important to note VIX remains in bearish TREND as of yesterday's close. We'll see if it holds after Warsh today. It also remains bullish TRADE.

MOVE

No change in bond volatility. It went risk off Sept 1st.

HYG

Credit is getting its first green day of the month, but remains firmly in bearish TRADE TREND. This is just a bearish bounce.

SPY

On the surface it just looks like SPY is holding the low end of the RANGE, but with the full fractal math you can see it's losing its TRADE. This is a REDUCE signal. NOT an exit yet.

QQQ

Same with QQQs. This is a new development in the last two days as fractal levels move. TRADE went from 697.9 to 710.07.

IWM

Small caps remain fully bearish and should already be OUT.

Sector Signals

IGV

Software is holding as one of the strongest sectors to be exposed to in bullish TRADE TREND. Not adding here with TRADE and price in the middle of the RANGE.

XLC

Same signal in Communications. Big jump in TRADE.

XLV

Healthcare has been a long since June 22. Today is a day to reduce if you've yet to do so, which is still up 12% from the June 22 entry date.

XLF

Same signal in Financials. This is why you reduce on TRADE breaks.

DRAM

AI sector DRAM is stronger than SMH as DRAM holds bullish TRADE while SMH already lost TRADE, but both are bearish TRENDs. I have zero exposure to AI on the long side.

QTUM

Green days don't mean bullish. QTUM is approaching a SHORT if it reaches the top end of its RANGE in bearish TRADE TREND.

Macro Markets

DXY

DXY has failed below bearish TRADE twice and is up again today going into FOMC. This is a chart I'm watching closely into the end of the week as it has more room to run to TREND, and an up dollar means higher potential for Quad 4 days.

COLO

If you're following the fractal math, COLO outperformed most of the market and gave a sell some signal last week. Today it's close to adding some back. Be patient with how the dollar is setting up, as an up dollar means down $COLO.

TLT

TLT is getting a bounce off the low end of the RANGE as the Fed is likely to hike today. The signal hasn't changed its fractal structure on this bounce. We'll see how it closes the week after the FOMC. For now expect lower in bearish TRADE TREND.

Oil

Volatility is expanding as the RANGE widens. Still bullish TRADE TREND, just pulling back off the top end of the RANGE as expected.

COM

Commodities as a whole look strong, holding bullish TRADE TREND as the RANGE narrows and approaches the low end of the RANGE. This is a strong signal to add some exposure near the green line.

GLD

This is why you wait for BREAKS of the fractal levels before exiting positions. Gold is overrunning TREND, but still not a bad move if you've reduced SOME of your gold position when it closed below TRADE TREND the last two days.

BTC

Despite all the negative Clarity headlines, Bitcoin looks strong in bullish TRADE TREND at the low end of the RANGE. The macro and equity overview looks weak, but individual signals mean the most. This is where you add to BTC from the initial position back in the low 60k's. Adjust position size to reflect that a 10% move lower is WHEN you'd exit if it breaks back to bearish TREND.

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