#SP500 Imo getting very close to start of next major decline! Chart difficult to read (sorry!). But so many lines in the sand here around 2920-2950 (on 4 hour chart). May over-shoot these levels -but soon major crash will set in. Illiquid deflation phase continues. Take care!! 🙏 
As we can expect A (circle) = C (circle) we may see next decline bottom out ~1700-1850-area = A (blue). Major deflationary bust about to play out. Take care!!
My VIX model which predicted explosion in #VIX tells me, that we are about to see even stronger phase. Nothing rallies or declines in straight line. Hence, we currently see correction wave B - before strong take off in wave C. 2½ yrs of RSI divergence is not solved in 1 blow-up!
