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  • Technicals

    Technicals: The Indicator Says Not Yet

    October 19, 2026

    October 19, 2026 This is the first in a series of customized StockCharts setups. Today’s chart is the S&P 500 with one of my favorite timing tools: a momentum indicator (middle panel) with a moving average overlay. The rule is simple. When the indicator drops below the moving average overlay, the market is going down.…

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    Technicals: The Indicator Says Not Yet
  • Market Regime

    Market Regime: A Bounce the Curve Doesn’t Believe

    October 19, 2026

    October 19, 2026 Friday’s 21% VIX spike was a rate-and-AI-capex scare, not a credit event. This morning the market is bouncing, tech is leading the relief rally, and VIX has cooled to around 18.6. But the volatility curve is telling a more cautious story than the futures: it’s flat to inverted, which means nobody is…

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    Market Regime: A Bounce the Curve Doesn’t Believe
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