Mark your calendars for Wednesday night at 8pm EST. My buddy Jeff is revealing his secret on how to predict the market direction 5 days in advance! The chief investment strategist of Altos Trading is hosting a special event just for my members. I’m gonna be there and so should you. Click here to sign up.
The S&P 500 is nearing 3180.
It might make a run at 3200 or even higher pretty soon here.
However, I continue to think the market is going higher, but I’m holding my nose.
Why?
Because we are going to touch a new recent high at this rate.
And the VIX is NOT going to be at a new low.
It is going to take an all out vol bloodbath for the VIX to get as low as it got in early June.
I simply do not see that happening.
Thus, the market is probably going to remain violent…
Which means we are heading for another one of those fun 140 point down days. Yes, you read that right.
When will that happen???
I do not know…could be in just a few days.
Could be right into earnings season.
The VIX Traffic Light is Red (orange).
Your Only Option,
Mark Sebastian
P.S. – This is why I’m excited about the event on Wednesday, with Jeff, where he uses his one indicator that has picked with 100% accuracy every major crash. I’m excited to speak and hear him explain his awesome tool.
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