DON'T FORGET ABOUT THE F_E_D KNEE JERK EFFECT.
So far most of the action intraday just looks like steering divergences, not letting the market get too far from unchanged. Around 12 pm we had a VERY negative TICK -1500 or more, there have been attempts itt looks to keep things neutral until the mins.
VXX is looking pretty darn good, protection is bid.
5 years ago
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