Quote:
Originally Posted by F1Venom
Market acting like this is a sign that it's topping out. It doesn't mean we enter the bear market this month, but the market is no longer as bullish/stable as it has been the past couple of years. Looking at TVIX I'm wishing I bought some, lol.
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So many people are gonna buy TVIX and get their asses handed to them assuming we don't have a crash within the next couple days.. (we're not). A random stat I didn't come up with..
VIX rose 32%+ in a single day, so next day SPY has 71% chances to close in green.