The emergency fed pivot.

1. The Fed is hosting an emergency meeting today at 11:30am.

2. EXTREMELY OVERSOLD in the short-term. % of stocks above their 200ma and 50ma are at capitulation levels.

3. Credit across seas is in crisis.

4. Dollar is topping along with interest rate vol (MOVE index)

5. Contrary to popular belief, Bitcoin has been outperforming since July.

6. European capital will continue…