The overnight moves are nudging -1% and NazQuack is going quackers at nearly -2%. We’ve seen this a dozen times this month, so opinions aside, trade the setups: SPX back at the prior turning points, crude bullish off range lows, and Bitcoin playing ping pong.

Directions flipped 180 on a dime again, with much wheel spinning smoke, but SPX price ain’t really swinging anywhere. Crude spiked to the range lows and the bull trade is still on, Bitcoin’s target adjusts to 84.2k, and the Premium Poppers were as fast and furious as you could expect.

VIX won’t retreat below 16, the Dow and the Russell won’t join the bull party, and with no big news this week it’s a coin toss. Here’s the S&P’s over under line for the bull bear moves, crude’s breakout target, and a nail-biting butterfly that paid by the final bell.

The Black Monday call never showed, the S&P went a big boof higher overnight, and VIXen is flirting again. Here’s why I suspect the bear moves aren’t quite over, and the line VIX has to cross for them to get serious.

Bull shakeout, bear shakeout, false breaks morning, noon and close. The last time price behaved like this was the 2 months before 2008. Here’s how the data keeps me sane, plus the swing reads on SPX, RUT and crude.

The AI trade got a swift kick, Uncle Russ slipped into correction territory, and Don Bear collected on the S&P and NazQuack. My opinion said bull, the data said bear, and the data got paid. Plus crude heading for its range high target, Bitcoin pushing off the channel low, and the Premium Poppers popping on SPX and RUT.