Yesterday, we stated it was time for the bears to put up or shut up. They punted. Thanks to VIX breaking down, SPX and ES are back above their 200-day moving averages for the first time since Jan 20, a move that clearly takes some pressure off.
It doesn’t necessarily mean, however, that the the correction is over.
continued for members…
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |