Wondering what that parabolic move in the averages is all about? I was too. HYG made a move on its positive divegrence, but not enough to explain it. USD/JPY also made a move, again not enough to explain it, however VIX, well that explains it.
Note the VIX slam in red.
TICK is giving out. Broadly speaking, this is the kind of move I like to short in to.
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