As we await more information about a tragic event that should strongly impact the U.S. any day now (signal indicates most likely timeframe August 1-8, see previous post), the stock market is indicating strong bias toward a sharp sell-off. In addition, today's social mood is showing a shift toward "panic." Something big is brewing. The chart below shows how the stock market has been generally in the same spot for three weeks, while social mood has lead the way steadily down (mood most often leads the market's direction).
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