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<Repost due to technical difficulties, not many saw it>
There was no doubt that last Thursday the market crashed. While the authorities are still investigating, it was first discovered by this author that, the crash seems to have been conducted in an "orderly" fashion, by many means, including what is in this chart - the VIX did not randomly jump, it capped at its trend line, depicted from previous highs (which I marked since last year). A predictable event?! Inconceivable!
Coincidence? I think not!
The more scary question is - is this trend line valid?! (surely for this one! I did not believe it but it was there months ago!) If so, think about it ...! |
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