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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (10590)	11/2/2020 8:37:00 AM
From: The Ox	Read Replies (1) \| Respond to of 96690

So far, this VIX spike is similar enough in nature to the one we just experienced in early Sept. A jump from the low 20s to the mid/high 30s back then and this time it went from the mid 20s to the low 40s. Until it unwinds and resolves to move lower, you're right to be on the cautious side. We're into the 4th day of this move, so that's often where the extreme negative pressure starts to subside. We'll see how it plays out today, if there's more softening of the VIX or if the fear factor stays elevated....