Instant Meltdown. Just Add Panic

As is prerequisite, the stoned Idiocracy is still stewing in its own juices and keeping up with the Kardashians. 

Chart of the day: "Distribution"  

aka. institutions selling to the usual bagholders (down volume - up volume)

This sets up system test for Skynet...

Houston, we have a fucking problem

Small caps:

The Skynet Illusion

S&P 500: % of stocks above 200 DMA

IPO Pump and Dump

% of Nasdaq Stocks Above 200 DMA

4 year low

HALO Crash Visualized
Canadian stocks below the 200 DMA
Down 8.5%. Six months of gains. Gone.

Fracking Shellacking

Energy Sector ETF:

A year of gains evaporated

BTFC: Buy the Fucking Collapse

Down volume as a ratio of Up Volume

Despite the rising selling volume above, total volume is rising almost as fast, hence the ratio of down/up volume is muted. Investors are still hiding out in the largest mega caps such as Apple, Microsoft and Facebook

Too late to hedge

Put/Call Index Ratio

Risk is binary