“Buying” versus “selling” volume has diverged dramatically in the last few weeks creating a dangerous sense of pre-Black-Monday deja-vu.

We’ve seen this before.. very recently…

Bigger picture, since the end of QE3, this pattern of divergence has been building…

Is an imminent market crash just what The Fed needs to avoid making the same mistake it made in 1937…

h/t @Not_Jim_Cramer

Charts: Bloomberg