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And just like that…. headwinds disappeared, the VIX was below 20 and the S&P 500 closed positive for the week.  Monday’s low has held and tailwinds have returned. Recent sentiment readings remain positive for the bulls and support the likelihood of a September time correction playing out. The short-term tactical index is rebounding and sits at +1, while the long-term strategic index has recovered and sits at +2.  Seasonal trends suggest we should be cautious, but sentiment and a sudden return of tailwinds keep us optimistic.  

September 25, 2021.  6 PM