I see some strong correlations to the run of fear from early June.
This is how that run up would look if it repeats itself; Stretched a bit to better lineup with the bottom pattern of the last few days.
I would say I am long on the volatility index.... even though nothing in at the news strikes me as scary anymore.
Anyone else feel like the news cycles are the boy who cried wolf??? I remember the moral of that story... no one listened when the wolf came for real!
- The COVID Wolf?
- The Bubble Wolf?