Loading ...This morning, the market is cautiously rebounding after yesterday correction. The VIX jumped as high as 20% in two days, signifying proceed with care. Everyone thinks that the market is ready to correct itself again. In fact, charts have turned negative.
The double edge sword still continuers as the dollar weakens against most major currencies. A decreasing dollar has correlated with an increase in equity prices. With the VIX this high, the market can move dramatically in either direction. The next few months for the market will most likely be a period of heroes or zeros.
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