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Max pain market

Oil extreme

Whatever oil does it does extreme as of lately. The squeeze washed out a lot of people on the way up. The move lower has shaken out a lot of new oil bulls. Note we are hitting the lower part of the trend channel and the 50 day moving average. Oil is down some $10 in no time. Impressive...

Source: Refinitiv

They must sell oil

Source: DB
Source: GS

Could rates do an oil?

Source: Refinitiv

The computer puke has been massive

Source: GS

Accident waiting to happen?

Source: DB

There is a slight problem

Source: Gavekal

SPY/TLT correlation

Source: UBS

SPX's rate volatility obsession

Source: Refinitiv

Credit protection stress

Source: Refinitiv

Little tech brother crashing

Source: Refinitiv