In a best-case topping scenario, we are watching to see if the breadth signal deteriorates prior to a top printing at 'E'. It is not required but would be high odds for being typical behavior.
We see more "sell the VIX" with the argument that it is up and should decline in the next month. Entirely a possibility except it is not risk-free and sometimes it leads the market and does not pull back enough to make a decent trade you can buy and hold at least for more than a week. That may be were we are headed. There is plenty of room for volatility to keep surprising. After this next 'top' occurs and bottoms, that should be better timing.
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The bots will flag here when they see a top. (1/25/20, 2/20/20, 4/9/20)
This Information Is For Entertainment Purposes Only. Financial Loss Can Occur From Investing.
Our favorite go to site- McVerry Report
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