SPX - daily
VIX - daily
Summary
US equities opened broadly lower, and spiraled across the day. Wednesday's gains were fully reversed, as the market remains m/t broken.
Indeed, if I can emphasise anything... this market is MID TERM BROKEN.
Mr 'Big Short' Burry would agree...
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The late afternoon saw the SPX break a new intraday low of 4106, if recovering by around 1.0% to 4147.
Volatility spiked, the VIX settling +22.7% to 31.20. Regardless of Friday... this market is headed broadly lower to the sp'3500s, and that won't please the mainstream cheerleaders.
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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset
Goodnight from London
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