Looking at extreme overbought scenarios now.
Vix has been melted down to shake out the legions of put buyers who have been doing the obvious - trying to short this disaster market. Bear market rally either peaks tonight or we have a huge rally (and even huger crash) on the near horizon.
Vix has been melted down to shake out the legions of put buyers who have been doing the obvious - trying to short this disaster market. Bear market rally either peaks tonight or we have a huge rally (and even huger crash) on the near horizon.
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