Here's a surprise...the newest Ponzo updates for SPY and VIX.....nobody wants to even think about that VIX outlier orange line scenario.....which is more like a Black Swan formation. Also note the sudden deterioration in the mid term SPY outlook to only 40% bullish...not a happy state of affairs for the longs if it kicks in.
FED fund rate consensus is 100% for a Dec rate hike just in case you wondered.
Highlighting today's post is a recap of yesterday's BOA consensus forecast for 2017.
Europe (EFA) now looks like a potential bottoming pattern with bullish market ticks and tomorrow we'll look at an M11 profile of the world.