What Does the Beginning of a Global Market Collapse Look Like?

Talking Points:

• The S&P 500 and Dow 30 suffered their worst single-day drop since September 2016 Friday and the worst week in 2 years
• When measuring intent of a broad and mature (9 years) trend, the measures for conviction should be commensurate to the build up
• Important elements to establishing turns include: breadth, intensity, reaction to data and shifting conditions like participation

See how retail traders are positioning in the FX majors, indices, gold and oil intraday using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

Source: DailyFX - Forex & Macro News (via YouTube)
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