Correction or Another Record Stock Market Decline?

In this video from Ciovacco Capital:  The bears have made some progress; will it lead to another waterfall decline in the stock market? What can we learn from the latest stock and credit market data?

- JNK vs TLT and IEF since the market top
- VIX chart since the market top
- Airlines vs S&P 500
- FDN chart relative to TNT
- Nasdaq 100 chart review
- Bonds vs stocks
- Homebuilders relative to bonds
- Nasdaq 100 relative to gold GLD
- Equal weight technology chart review and relative to bonds
- Nasdaq 100 relative to treasuries
- Industrials vs equal weight S&P 500