S&P 500 declined, and not enough buyers arrived in my view. Still, we‘re likely to see a brief pause in selling, and that‘s giving the bulls a chance. Credit markets were a bit too beaten down by the troubled 30-year Treasury auction and Evergrande moving into the spotlight somewhat again. VIX managed another upswing, and doesn‘t point to the S&P 500 having gotten to an excessively bearish positioning just yet. Q3 2021 hedge fund letters, conferences and more I think some treading the water before stocks make up their mind, is most likely next. The downswing doesn‘t appear to be totally over, …

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