was how betas and financials began to roll over as the week progressed,
during a new qtr no less.
and how markets internals were crumbling and by thursday, big warnings lights were going off.
but re: friday,
the betas instantly sold down hard out of the gate, they literally crashed.
and the financials were right behind them.
and yet, the indices were holding for first hour,
they gapped up, closed the gap and bounced back up twice to set a double top at 189.5
and yet, all around you betas and financials were on full sell mode and internals were dreck.
so anyone had a full hour to get puts at a kill zone res, that also set a hard double top.
it wasn't like this came out of the blue, and everyone had a full hour to get positioned before the indices gave in to what the leading sectors were already busily doing, cratering lower.
You have a firm grasp on the obvious Stevie boy............