Parabolic Knee Jerk

We may be getting close to a fairly aggressive fade trade, ever since the Government shut down and debt ceiling came up, the market started deteriorating, both in 3C and TICK data.

 SPY intraday

NYSE TICK

Custom TICK

A parabolic fade is a very risky trade, I'm not taking it unless I get very good signals, but I think the parabolic fade is becoming more likely.