[UrmaBlume]

For several days before the beginning of this 60+ point drop in the S&P we reported on a building negative divergence between price and net money flow in the S&P.

Below are 4 charts that use both longer and very short time frame indicators to reliably define longer term extremes.

The first chart shows the days before the top at 1,075.75 and the continuing Negative Divergence between NetMoneyKG and price.

The second chart shows the very few minutes duing which the extreme was formed at 1,075.75 and the perfectly coordinated, very intense commercial selling across all three US traded equity futures that formed the extreme.

The third chart shows the Positive Divergence in Net Commercial Trade that formed the low that began the 100+ point rally from 861 to 1,075.75

The fourth chart shows an intra session negative divergence in net new commercial trade that was good for a quick 20 points.

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The first chart shows the days before the top at 1,075.75 and the continuing Negative Divergence between NetMoneyKG and price.




The second chart shows the very few minutes duing which the extreme was formed at 1,075.75 and the perfectly coordinated, very intense commercial selling across all three US traded equity futures that formed the extreme.



The third chart shows the Positive Divergence in Net Commercial Trade that formed the low that began the 100+ point rally from 861 to 1,075.75




The fourth chart shows an intra session negative divergence in net new commercial trade that was good for a quick 20 points.