Only one thing moved in equities. Sectors above 200dMA went from 0.64 to 0.36, 3.0 times its normal pace.
3.0× its usual move
Sectors above 200dMA went from 0.64 to 0.36, 3.0 times its normal pace. The advance-decline line moved from -21.0% to -27.0%.
2.5× its usual move
Momentum factor swung from -1.4% to +2.2% on the month, 2.5 times its normal pace. Value factor moved from +2.4% to -1.5%.
1.7× its usual move
S&P drawdown from the 1-year peak held at -0.02 at the latest reading. S&P daily return moved from +0.9% to +0.2%.
1.2× its usual move
The VIX/VIX3M term ratio went from 0.85 to 0.81. VIX moved from -200.0% to -63.0%.
1.0× its usual move
Sector breadth (50dMA) went from 0.36 to 0.27.
Descriptive research, not investment advice