I have been pounding the table all day saying the market (SPX) is down but so is the VIX.
NO one responded as if SO WHAT ?
Here is a chart to what I speak.
The green lines = SPX and the red-black = VIX. When the VIX peaks like today but the SPX didn't turn up I expect a GAP higher in the SPX and a meaning full rally.
click chart to enlarge.
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