Broad Markets / Big Markets / Big Wind Directions
+ Worldwide Selldown Bias getting stronger.
+ Puts protections against downside continue to pile up.
+ Big Hands switch from longs to outright shorts now.
+ Outright bearish bias.
Implication of Broad Markets/Big Markets/Big Wind Indices Directions
If it is a rising tide in Index Big Wind, most or almost all stock boats generally rise;
If it is a receding tide in Index Big Wind, most or almost all stock boats generally go lower.
Hence the importance of Big Wind Directions walked by Big Hands.