🚨BREAKING NEWS🚨

Evergrande releases statement that they cannot make good on their financial obligations and extreme caution is necessary with their securities. pic.twitter.com/QqEfDeqVaI

— unusual_whales (@unusual_whales) December 3, 2021

unwinding these positions as ES drops, fueling the downside.

Below 4500, epic delta hedging meltdown begins as gamma turns negative

Use caution with dip below 4500

At 4450 JPM put spread collar may act as a floor but if that doesnt hold we are talking about a 6 sigma event https://t.co/aOh9xTp5mQ

— xTrends (@xtrends) December 3, 2021

A 'Minsky Moment' is onset of market collapse brought on by reckless speculative activity that defines an unsustainable bullish period. Pay attention because we're there. pic.twitter.com/if85Zmagf8

— B.P. Rising (@BP_Rising) December 3, 2021

$SPX big picture EW count - Given the expected speed up of tapering to be announced by the Fed on December 15 any impulsive 5th wave count off the October low is off the table. The best the bulls can hope for now is an ending diagonal wave 5 that will likely top below 5K. pic.twitter.com/GhiTd34s6g

— CyclesFan (@CyclesFan) December 3, 2021

Just talk to @JulianMI2, the man who made this Chart of Doom. He says it will take 20% off the market to get Fed to reverse their hawkish stance. He expects ARK Innovation ETF to fall as low as $40, as suggested by the chart comparing Nasdaq around dot-com bubble to the ARK tdy. pic.twitter.com/vPaEgKCykq

— Holger Zschaepitz (@Schuldensuehner) December 3, 2021