Same As It Ever Was…

Another day, another early morning ramp job — brought to you this morning by VIX and CL — which broke down yesterday for all of 45 minutes and broke out overnight the very moment that ES threatened to drop back below horizontal support.Ditto for VIX, which has seen its neckline backtest turn into a trend breakdown. Nothing new, of course.  The algos were listening and, so far at least, have obeyed. Same as it ever was…

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