Something Wicked This Way Comes! Or at least MAY be coming.
Let’s start with the all-time record net short VIX positions by speculators.
Not a good sign at all.
Then we have the S&P500 Triple Top (blue line) and Gator Jaws (S&P500 Index relative to the Citi Economic Surprise Index for the USA).
Then we have another gator jaw: S&P500 index relative to S&p500 adjusted EPS.
While VIX is begin shorted, the 10-year Treasury Note is really being net shorted. Gold, on the other, hand is net long.
In other words, something wicked this way comes. Maybe.