A Broken Record

It’s enjoyable to nail a target like ES did last Thursday… …and VIX did on the 9th. It’s a lot less enjoyable to see ES and VIX tag those very same targets over, and over, and over again.

But, it’s exactly the sort of action we often get around holidays when the algos are at the mercy of the MIT grads mashing the Short VIX button.

Fortunately, there’s a little action in the currency space that’s much more interesting for traders. DXY is finally breaking down.

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