Honestly, I am shocked at how well The Bubble Index timed this market correction.
The Bubble Index: S&P 500 (1764 days) peaked on September 22, 2014. That was 21 days ago, the critical time variable, Tc, in the code.
Today’s S&P 500 sell-off was intense, to say the least… down 1.65%. And this wasn’t the only day with huge losses. Since the market peaked on September 19th, it has lost about 10%.