Today, an absolutely vicious short-covering rally unfolded, effectively taking out four daily highs in the process and resulting in the formation of four sets of single prints.
Love the graphics. Could you go into some detail please on the non cooperative VIX @ 12.74 as mentioned yesterday, why did it not move lower with the continued rally...could this be the concentration of a return to mag 7 stocks rather than broader s&p? Thanks...
Squeeze picked up pace when S1 trying to chase it or say push it at 74 around 14:00
Thank you, buddy! It was a great trading day. All I can say is WOW.
Love the graphics. Could you go into some detail please on the non cooperative VIX @ 12.74 as mentioned yesterday, why did it not move lower with the continued rally...could this be the concentration of a return to mag 7 stocks rather than broader s&p? Thanks...