Richard Russell: "If you listen carefully, you can hear the heart-beat of the market. It’s a slow, heavy beat, as if the market is waiting for something. That something is going to be BIG. Bigger than what anyone is expecting"
...Friday showed another increase in Liquidity while in high inflow territory
...the VIX closed firmly inside the descending wedge keeping bearish undertones alive
stocktiming.com: the Institutional Index 'Core' holdings negatively divergent with the rest of the markets - concerns are that the amount of inflowing Lliquidity has not lifted all the boats in the water in the same manner by this sea of money - Institutional Investors are disturbed, it is "not their liquidity" driving the market and their stocks are not moving at the same pace when they should
...as a result, 80% portfolio protection in place