Looking like a setup to dump before the weekend, maybe? The VIX is showing what looks like an ascending wedge pattern for today and thus maybe lending some creditably to this idea. Of course, it could take a run to an ATH instead, because the market likes to do the opposite of what I think.
Commento:
Well that sucked. Rallied in the past 45 minutes as I was busy with other things. I guess when in doubt, do the opposite of what my ideas are.
