I meant to talk about this VIX chart in video but I ran out of time. I wanted to point out as crazy as the market has been in certain metrics, there is room for volatility to run more.
One of my proprietary indicator made new lows today and is suggesting more downside in the coming weeks.
Often times the market trades counter-trend for a day or two after such a move, and then has a big reaction in the primary direction of the markets.
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