Treacherous week ahead

FOR MONDAY: (8/29) There was really nothing in Yellen’s speech to cause that much volatility but nothing has happened for 2 weeks and the markets unwound and bet on a sooner rate hike. Next week we have volatile action before the employment report. We’re crunching cycles for Sept. and are more bearish stocks and T-notes now and have to be friendly the dollar for a few weeks. Volatility cycles and surprise cycles increase into Thursday so expect a treacherous week.