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SKEW Index; I put this up in the comments on Friday when it traded in the 138 zone. It closed at 143.2 which historically, is very, very high. Just another stick of Semtex in the mix along with the Hindenburg cluster, Summation Index at "don't touch it might hurt," levels, (although the rate of decline has levelled off), and indeed, other individual negative divergences in momentum and breadth suggesting all is not well. Chuck in off the chart sentiment readings, funding tension in short term Chinese money, long dated bear patterns in indices fast maturing and I can only conclude that a bad thing is an awful lot closer than many suppose.