Correlations closed the week at .46 a new trend (appears) to have emerged.

Realized vol is par to implied vol – short term risk-off.

Dark Index (Squeeze DIX) – is in bearish territory.

Sentiment is frothy, near extremes on the AAII survey.

Sentiment is frothy, near extremes on the NAAIM survey.

GEX has not made new highs, diverging with price.

We remain cautious in the short-term looking for a shakeout, while many indicators have normalized, many indicate to remain vigilant.

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